Personal Finance Stock Market quiz
stock
if you purchase this you own part of a company
stock broker
licensed professional who helps people with stock purchases and sales
share
one unit of a stock
day range
the high and low prices of a stock on the current trading day
52 week range
the high and low prices of a stock over the past year
previous close
the price of a stock at the end of the previous days trading session
open price
the price paid in a stocks first transaction of the current trading day
portfolio
this includes all investments of a person/investor (stocks, bonds, savings account would all be included in this)
securities and exchange commission
this is a federal agency that oversees and regulates the stock market
stock symbol
this is an abbreviation used to identify a company on a stock market
last price
this is the current trading price of a stock
buy low, sell high
this is the underlying theory to investing in the stock market in order to maximize your profits (make the most money)
stock exchange
this is where people who want to buy and sell stock get together (NYSE)
blue chip stock
an investment in a company that is financially stable, tends to pay dividends, and is considered an industry leader (less risky)
public corporation
a business entity that offers stock for sale to the public
commission
a fee charged by someone who assists you in buying or selling stocks
Dow Jones industrial average
a market measure consisting of 30 companies that indicates how the market is performing
dividends
a payment made to stockholders on a per share basis for owning shares of that company - "thank you"
bear market
a saying that indicates the market is falling, downward trend
bull market
a saying that says the market is rising, is on a positive trend