Equities
Represents a unit of ownership in a company
What is Share
A debt instrument
What is a Bond
derivatives are used to _____ either by reducing volatility or leveraging exposure to the underyling asset
What is Manage Risks
Whenever one seeks to take out a mortgage, loan companies will look at?
What is Credit Rating
This interest paid does not change over the term of the mortgage
What is Fixed?
This type of share has dividend priority over other shares
What is Preferred Share
Essential things that determine bond value are inflation rates, credit ratings, bond yield and ?
What is interest rates
Guaranteed price the underlying can be traded at as determined by the option?
What is Strike Price?
If you have trouble getting approved for credit, you may be able to acquire credit with the help of these people
What is guarantor or co-borrower
Markets that allow you to convert between currencies?
What is Foreign Exchanges (forex)
These are funds for which purchases are only registered at the close of every trading day.
What is Mutual Fund
credit rating agencies assess the likelihood of default and call it?
What is a Bond Rating
Essential formula for calculating the theoretical value of an option
What is Black-Scholes-Merton?
What is Social Insurance Number
No intrinsic value beyond what it can be exchanged for
What is Fiat money
Fees generally expressed as a percent of invested capital
What is Expense Ratios or Management Fees
difference between purchase and face values is considered?
What is interest?
Similar to forwards with the exception that they can be traded
What is Futures
Duration of the interest-free period for Credit card payments
21 days
Highly utilized in forex trading to leverage exposure to changes in currency exchange rates
What is Margin