Understanding Financial Markets
A type of market in which each transaction takes place at predetermined time intervals.
Call Markets
Includes the planning, controlling, preventing, and procedures used by management to limit losses.
Risk Management
Failure to follow the law, orders, rules, or requests.
Non-Compliance
A condition of the stock market in which stock prices are rising.
Bull Market
This is the time-frame for which student loan payments begin after college graduation.
6 Months
A market where traders can trade at any time when the market is open.
Continuous Market
Person in charge of compliance throughout the entire organization.
Chief Compliance Officer
The act of overseeing all activities and tasks needed to maintain a desired level of excellence in all aspects of an organization.
Quality Management
The lowest price at which the seller will sell a stock or share.
Ask (Sell) Price
The sooner you complete and submit this form, the better your chances of receiving government/financial aid.
FAFSA
Signifies a level of performance that describes using the least amount of input to achieve the highest amount of output.
Efficiency
Fulfilling the requirements of the law.
Compliance
A system by which the directors of an organization handle their responsibility toward shareholders.
Corporate Governance
A condition of the stock market in which stock prices are falling.
Bear Market
You can add up to this many colleges when you fill out the FAFSA application.
Ten (10)
A basic good used in commerce that is interchangeable with other ? of the same type.
Commodity
Employees who provide independent and objective evaluations of an organization's activities.
Internal Auditor
An example of quality management approach that focuses on eliminating errors, reducing costs, and increasing efficiency.
Six Sigma
The highest price at which a buyer is willing to purchase a stock or share.
Buy (Bid) Price
Don't forget to do this to your FAFSA application before submission.
Sign
The degree to which an asset or security can be quickly bought or sold in the market without affecting the asset's price.
Liquidity
Methods put in place by a company to ensure the integrity of information and meet targets.
Internal Controls
Paperless electronic audits that are conducted without face-to-face interaction.
Virtual Auditor
Refers to a stock's movement in price; a stock that rises and falls sharply.
Volatility
Enter the correct _________ size on your FAFSA application.
Household