Quiz #9 Bus 100

common

Owners of ________ stock have voting rights on major issues in a company that are brought before shareholders.

Securities and Exchange Commission (SEC).

The ________ is responsible for protecting the investing public and maintaining smoothly functioning markets.

a financial institution whose depositors are owners sharing in its profits

Which of the following best describes a mutual savings bank?

a tax-deferred pension fund with which wage earners supplement other retirement funds

Which of the following best describes an IRA?

the interest rate at which member banks can borrow money from the Federal Reserve

Which of the following best describes the discount rate?

Aaa

Which of the following is the highest grade of bond rating?

A bond

________ is a security through which an issuer promises to pay the buyer a certain amount of money by a specified future date.

Insider trading

________ is the illegal practice of using special knowledge about a firm that is not available to the general public for making profits in the stock market.

Monetary

________ policy refers to the management of the nation's economic growth by managing money supply and interest rates.

Blue-chip

________ stocks are issued by a well-established company with a sound financial history and a stable pattern of dividend payouts.