Financial Statements
An asset, which represents money owed to the company
Account Receivable
Total value of a corporation (number of shares x share price)
Market Capitalization
A numerical rating representing an individuals ability to fulfill financial commitments based on financial data
Credit Score or Credit Rating
The discounting of the value of future cash flows to today is called
Present Value
Name one European Currency that converted to the Euro in 1999
German Deutschmark, French Franc, Italian Lira, Spanish Peso, Greek Drachma
On a company balance sheet: Assets less Liabilities
Shareholders Equity
Most valuable company in the US today
Apple
Type of bank deposit where customers cannot access the funds until maturity
Time Deposit of Certificate of Deposit
After mortgage loans, the second largest amount of loans in the US is
Student Loans
12
Money a firm owes to a creditor or vendor, usually for purchases of goods and services.
Accounts Payable
AMC and Gamestop were in the news in 2021, both are known as _______ Stocks
Meme
A past due loan is usually how many days late?
90 days
Marginal Tax Rate
The Option to Buy a Stock at a given price is called a
Call
On a company's balance sheet; a long-term asset, including equipment, building or land
Fixed Asset
The 3 major stock indices are the Dow Jones, S&P 500 and
NASDAQ
Which type of bank loan usually has the highest interest rate?
Credit Card
The departure of the UK from Europe was called
Brexit
The Option to Sell a stock at a current price is a
Put Option
How quickly an asset can be converted into cash
Liquidity
Selling a company's stock that you don't yet own is called
Short Selling
The loans a consumer takes on when buying a house is called
Mortgage
Who is current Chairman of the Federal Reserve
Jerome Powell
How has the Federal Reserve attempted to slow down the economy to control inflation?
Raising interest rates