Personal Finance

Form of equity each share of stock represents a fractional ownership position in a corporation. Has no maturioty date. remains outstanding indefinately

Liabilities. They are IOU's of the issuer.

Preferred securities are issued as stock and as such represent an equity position in a corporation. fixed dividends to holders of common stock. convertible security, is a special type of fixed income obligation usually a bond that carries a conversion feature permitting the investo to convert it into a specififed number of shares of common stock..

An organiaation that invest in a professionally manages a diversified portolio of securites

The marketplace in which stocks, bonds, and other financial instruments are traded

New securities are sold to the public and one party to the transaction is always the issuer.

Old outstanding securities are bought and sold

Natonal exchanges and regional exchanges

Nasdaq-omx and over the counter

Is an electionic quotation system that links the market makers who trade the shares of small companies

Price at which one can sell a security

The price at which one can purchase a security

A nonprofit corporation, created by congress and subject to sec and congressional oversight, that insures customer accounts against the financial failure of a brokerage firm

Bull- a market condition normally associated with investory optismism, economic recovery, characterized by generally rising securities prices. Bear- a condition of the market typically associated with investor pessimism and economic slowdown, characterized by generally falling securities prices

An agency of the federal government that regulates the disclosure of information about securities and generally oversees the operation of the securities exchanges and markets