Banking
Vocabulary
Stocks
Bonds & Mutual Funds
Stock Quotes
100
What type of interest would you be most interested in earning on your bank account simple or compound?
compound
100
What is the definition of liquidity?
Being able to convert something to cash without losing value.
100
Why do companies sell stock?
To raise money for their company to expand or to update
100
What is a bond?
A formal contract between a corporation or the government to repay borrowed money with interest at fixed intervals.
100
What is ticker/stock symbol for Coinbase Global, Inc.?
COIN
200
How do banks make money?
By loaning your money & charging interest.
200
What does APY stand for?
Annual Percentage Yield
200
What is the name of the stock market that is located on Wall Street, New York City?
New York Stock Exchange
200
If you are a bondholder to a corporation or the government then you are also a _______ to that corporation or government.
Creditor.
200
What was the price of 1 stock at the close of the previous day?
$204.77
300
What type of bank account has the highest level of liquidity?
Checking account
300
What is a stock?
A certificate that represents a piece of ownership in a company.
300
What is the name of the stock market that is electronic?
NASDAQ
300
What is a mutual fund?
A pool of many financial investments (i.e. stocks, bonds, and other financial assets) from many investors that is managed by a fund manager.
300
What is the highest and lowest that this stock has been for the past year?
Highest: $429.54
Lowest: $162.20
400
Why are deposits at a bank secure?
Because they’re insured by the Federal Government
400
What is the definition of an investment?
Something you acquire with the goal of making money
400
What is the role of the Securities and Exchange Commission?
They enforce the rules and regulations of the stock market.
400
Who can issue bonds?
Corporations and government (local, state, and federal).
400
Does Coinbase Global, Inc. pay a dividend to its shareholders?
No
500
What is different about a credit union?
It is non-profit
500
What is a stock broker?
Someone who buys & sells stocks for a client.
500
What is the high-low rule for buying & selling stock?
Buy low, sell high
500
Which are riskier corporate bonds or government bonds?
Corporate
500
If you bought 42 shares of Coinbase Global, Inc. at the lowest price of the year and are selling it at its current price, would you make or lose money? How much?
You would make money (profit), $1,687.14