Economics Chapter 11 Vocabulary
Across
- 2. market in which only the original issuer can sell or repurchase a financial asset; government savings bonds, IRAs, small CDs
- 6. United States government bond with maturity of 30 years
- 8. life of a bond or length of time funds are borrowed
- 13. period during which stock market prices move down for several months or years in a row
- 14. firm that makes loans directly to consumers and specializes in buying installment contracts from merchants who sell on credit
- 16. a market in which financial capital is loaned and/or borrowed for one year or less
- 18. market in which a transaction is made immediately at the prevailing price
- 22. monthly, quarterly, semiannual, or annual price paid for an insurance policy
- 24. low-denomination, non-transferable bonds issued by the federal government, usually through payroll savings plans
- 26. company that sells shares of a portfolio of securities, e.g., stocks and bonds issued by other companies
- 28. stocks that represent ownership shares in corporations
- 30. futures contract giving investors the option to cancel a contract to buy commodities, equities, or financial assets
- 31. receipt showing that an investor has made an interest-bearing loan to the financial institution
Down
- 1. market in which all financial assets can be sold to someone other than the original issuer; corporate bonds, government bonds
- 3. the technique of spreading funds over a large number of investments to reduce the portfolio's overall risk
- 4. the length of time you need to work at the company before you can take the employer’s matching contribution with you
- 5. network of savers, investors, and financial institutions that work together to transfer savings to investment uses
- 7. period during which stock market prices move up for several months or years in a row
- 9. a tax-deferred investment and savings plan that acts as a personal pension fund for employees
- 10. stocks or documents that represent a claim on the income and property of the borrower; CDs, bonds, Treasury bills, mortgages
- 11. market in which financial capital is loaned and/or borrowed for more than one year
- 12. retirement account in the form of a long-term time deposit, with annual contributions not taxed until withdrawn during retirement
- 15. person designated to take ownership of an asset if the owner of the asset dies
- 17. not subject to tax by federal or state governments
- 19. regular allowance for someone who has worked a certain number of years, reached a certain age, or who has suffered from an injury
- 20. a type of investment, often tax exempt, issued by state and local governments; known as munis
- 21. formal contract to repay borrowed money and interest on the borrowed money at regular future intervals
- 22. fund that collects and invests income until payments are made to eligible recipients
- 23. an index of 30 representative stocks used to monitor price changes in the overall stock market
- 25. person who buys or sells securities for investors
- 27. futures contract giving investors the option to cancel a contract to sell commodities, equities, or financial assets
- 29. the dollars that become available for investors to use when others save