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Vocab Ch. 9

Vocabulary Chapter 9

stock market a system for buying and selling stocks in corporations
bull market a long period of rising stock prices
speculation act of buying stocks at great risk with the anticipation that the prices will rise
margin buying a stock by paying only a fraction of the stock price and borrowing the rest
margin call demand by a broker that investors pay back loans made for stocks purchased on margin
bank run persistent and heavy demands by a bank's depositors, creditors, or customers to withdraw money
installment regular periodic payments made to pay off the cost of an item when buying it on credit
bailiff minor officer of the courts
hobo a homeless and usually penniless wonderer
soap opera a serial drama on TV or radio using melodramatic situations
public works projects such as highways, parks, and libraries built with public funds for public use
relief aid in the form of money or supplies for those in need
foreclose to take possession of a property from a mortgagor because of default payments
Created by: amkemp