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when someone purchases stock, they are buying partial ownership in

a corporation

an increase in the market value of an asset

capital gain

Institution that makes saving available to dissavers

financial intermediary

the ability of an asset to be converted into cash

liquidity

the purpose of an initial public offering is to

raise

a motivation for hodling stocks is to

receive potential

the function of financial intermediaries is to transfer purchasing power from

savers

the price of a stock will increase, ceteris paribus, when

the demand

a certificate acknowledging a debt and the amount of interest to be paid each year until repayment; an IOU

Bond

the first issuance to the general public of stock in a corporation

IPO


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