A marketplace where brokers meet to buy and sell stock
What is a securities exchange?
Produces an average rate of return as a bond
What is home ownership
Diversification is a key reason for buying this type of fund
What is a mutual fund?
[true or false]- A diamond will get the same rating each time it is graded
What is false?
Attracted to large-cap stocks
Request that a stockbroker sells a stock for a specific amount
What is a stop order?
A type of bond that differs from other bonds because it provides no interest payments
What is a zero-coupon bond
The amount that one share of a mutual fund is worth
What is the net asset value?
The largest financial asset for most Americans
What is home ownership?
Apple
Stock that has steady earnings and continues paying dividends even during economic declines
What is a defensive stock?
A bond that can be traded for a corporate stock
What is a convertible bond?
Fund in which you pay a commission every time you buy or sell shares
Apartment building
What is a commercial property?
Precious metal used in the production of automobiles
What is palladium?
Stock in companies that pay higher-than-average dividends
What is income stock?
amount of annual interest / interest rate of new bonds
The earnings a mutual fund pays to shareholders
What are income dividends?
Tough mineral deposits that are dug from the earth and shaped into brilliant jewels
What are precious gems?
Precious gems are not rated for
What is their origin?
A request to buy no more than a specified number of stock shares
What is a limit order?
Type of bond registered in the owners name by the issuing company
What is a registered bond?
an investment that works like a mutual fund but invests in real-estate or mortgage loans
A lesser-known precious metal
What is a municipal bond?