Stocks
Who can be called on to vote on electing a board of directors, hiring or firing a manager, or expanding into a new market?
Stockholders
If a corporation files for bankruptcy and sells all its assets, who would last receive payment from the proceeds of the sale?
Common Shareholders
What are privately managed stock portfolios called?
Mutual Funds
What is currently the most reputable stock exchange in the world?
New York Stock Exchange
What is the primary purpose of stock indices?
Identify trends / Market Average
After the Great Depression, what group was formed in order to prevent a reoccurrence?
SEC / Securities and Exchange Commission
What is the difference between common shareholders and preferred shareholders?
Right to vote on corporate decisions.
The initial public offering of a corporation is typically what percent?
Less than 50
Where was the first American stock exchange located?
Philadelphia
Which stock index is the best indicator of the American Industry?
What is a distribution of a portion of a company's profit?
Dividend
What is the most prevalent type of stock?
Common Stock
The stock market crash of 1929 was a result of what?
Speculative Bubble
What is the stock exchange that is famous for having "no floor"?
NASDAQ
The fact that spending on services constitutes the majority of US consumer spending makes which stock index important?
S&P 500
What is a fee paid for a stockbroker's service?
Commission
Wat are the two primary reasons that people by stock?
To make a profit & to receive dividend payments
What newspaper was founded by Charles Dow and Edward Jones?
Wall Street Journal
Where are stock market transactions posted?
Stock Market Tape
What type of animal is used to describe a market that is on the rise?
Bull Market
Who specializes in buying and selling stocks for clients?
Stockbroker
Floor Trader
What is the term for a corporation's first sale of stock?
IPO: initial public offering
Where did the stock exchange first appear according to the book?
Great Britain or Holland
What does a stock represent?