Across
- 3. The current worth of the stream of future cash flow
- 4. An investment strategy designed to reduce the risk of adverse price movements
- 6. An investment strategy focused on minimizing risk
- 9. A company’s total earnings before taxes, interest, depreciation, and amortization
- 11. Market characterised by falling prices
- 12. Profits from the sale of an asset held for a short period
Down
- 1. Fund invested in long-term government and corporate bonds
- 2. A bond that can be converted into shares of stock
- 5. A security yielding no interest but issued at a discount
- 7. A system of social security contributions
- 8. Buying and selling of stocks within the same day
- 10. The average rate of return a company expects to earn from an investment