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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