Finance 02 Word Scramble
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Question | Answer |
capital markets | The financial markets for stocks and for intermediate- or long-term debt (one year or longer). |
closely-held corporation | A corporation that is owned by a few individuals who are typically associated with the firm's management. |
commercial bank | The traditional department store of finance serving a variety of savers and borrowers. |
dealer market | Includes all facilities that are needed to conduct security transactions not conducted on the physical location exchanges. |
derivative | Any financial asset whose value is derived from the value of some other "underlying" asset. |
financial services corporation | A firm that offers a wide range of financial services, including investment banking, brokerage operations, insurance, and commercial banking. |
futures market | The markets in which participants agree today to buy or sell an asset at some future date. |
going public | The act of selling stock to the public at large by a closely held corporation or its principal stockholders. |
initial public offering (IPO) market | The market for stocks of companies that are in the process of going public. |
physical location exchange | Formal organizations having tangible physical locations that conduct auction markets in designated ("listed") securities. |
primary markets | Markets in which corporations raise capital by issuing new securities. |
private markets | Markets in which transactions are worked out directly between two parties. |
public markets | Markets in which standardized contracts are traded on organized exchanges. |
publicly owned corporation | A corporation that is owned by a relatively large number of individuals who are not actively involved in the firm's management. |
secondary markets | Markets in which securities and other financial assets are traded among investors after they have been issued by corporations. |
spot markets | The markets in which assets are bought or sold for "on-the-spot" delivery. |
Created by:
kgaither
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