chapter 2

3. is a type of EFT transaction; money is deposited directly into a customer's checking acc.
8. allow customers to pay for purchases and withdraw cash.
9. those people who do the work
17. are issued after the sale of stocks.
19. is a financial institution that is involved in trading securities in financial markets.
20. for sophisticated investors who borrow money to purchase securities.
21. is a financial institution that does not accept deposits.
22. is a financial investment issued by a corporation, government, or other organization.
23. is a document guaranteeing payment of a specific amount of money.
24. percent dividend of the stock as a percentage of stock price
26. is a bank account used by depositors to accumulate money for future use.
27. are largest category of deposits institutions.
28. stock holders buy and sell shares of stock from one another with the help of brokers.
29. selling stocks and bonds directly to public investors

1. is a financial institution that accepts money from costumers and deposits it into the customers account.
2. is a security that pay interest over terms of ten to thirty years.
4. need to pay for security purchases within three business days of order.
5. are for profit businesses that sell insurance produts.
6. is a document guaranteeing that a buyer will pay the seller the agreed upon. amount and within the time specified.
7. is a security that pays interest over terms ranging from two to ten years.
10. is a financial institution that offers and loan services.
11. people who lend money to the business in return for a contracted rate of interest or return for their investment.
12. is a security that matures in a year or less.
13. is a financial institution that provides services for businesses.
14. is a bank account that allows that allows the account owner to make deposits, write checks, and withdraw money.
15. is a nonprofit financial institution that is privately owned and provides banking services for its members.
16. people who buy shares of stock in the company
18. is a regular payment made from customer's bank account to a vendor or supplier.
25. is a financial institution that makes money by issuing loans; loan company.
27. money for real estate, equipment, and so on.