Across
- 2. - An ____________________ used to save money for retirement
- 4. - A transaction that reduces the risk of an investment.
- 5. - the value of ownership interest in the business, calculated by deducting liabilities from assets. See also owner's equity.
- 6. - is when a private company offers shares in the company to the public for the first time.
- 9. - It is a financially wise choice to borrow ______, for things like owning a home (tax-deduction advantage), paying for higher education (tuition), and to help you in times of illness.
- 10. - an agent in the buying and selling of stocks and bonds
- 12. - document issued to possible buyers of a stocks and bonds outlining the financial condition of the company issuing those securities
- 13. - Is money you take out of your banking, brokerage firm, or other accounts.
- 15. - Is the amount that employers subtract from their employees' gross pay for a variety of taxes and benefits, including Social Security and Medicare taxes, federal and state income taxes, health insurance premiums, retirement savings, education savings, or flexible spending plan contributions, union dues, or prepaid transportation.
- 17. - Buying and selling securities.
- 19. - A percentage that investors pay in order to enter a mutual fund
- 21. - Gains equal losses.
- 22. - the amount of money borrowed
- 26. - Piece of paper that proves ownership of stocks, bonds and other investments. Traditionally, a security was a physical document, such as stock or bond certificate, that represented your investment in that stock or bond.
- 27. - An agreement in which one party sells a security to another party and agrees to repurchase it on a specified date for a specified price. See: repurchase agreement.
- 28. - Is a unit of ownership in a corporation or mutual fund, or an interest in a general or limited partnership. Though the word is sometimes used interchangeably with the word stock, you actually own shares of stock.
Down
- 1. - Is a legal document proving ownership of a piece of property.
- 3. - the money an investor receives above and beyond the sum of money initially invested
- 5. - A ______ asset is one that is currently being used as security or collateral for a loan.
- 7. - Is a withdrawal from a bank account that exceeds the funds you have available.
- 8. - Is the length of time between when a fixed-income security, such as a bond or note, is offered for sale and its maturity date.
- 10. - Person or entity that owns share in a corporation. If you own stock in a corporation, you are a shareholder of that corporation.
- 11. - A measure of risk based on the standard deviation of the asset return. Volatility is a variable that appears in option pricing formulas. This formula denotes the volatility of the underlying asset return from now to the expiration of the option. Some have created volatility indices. Example: scale is 1-9; higher rating indirectly higher risk.
- 14. - is the money you collect for providing a product or service.
- 16. - Broadly defined, a recession is a downturn in a nation's economic activity. The consequences typically include increased unemployment, decreased consumer and business spending, and declining stock prices.
- 18. - the chance an entrepreneur takes of losing time and money on a business that may not prove profitable
- 20. - ownership of a corporation which is represented by shares which represent a piece of the corporations’ assets and earnings.
- 21. - Is a legal document you use to transfer assets you have accumulated during your lifetime to the people and institutions you want to have them after your death.
- 23. - a payment required for not fulfilling a contract
- 24. - You should probabaly have enough of this before getting married or buying a nice sports car
- 25. - A package containing two or more different kinds of risk management instruments that are usually interactive.