Econ: Chp 11 Lessons 1 & 3

Front

Income not used for immediate consumption & usually kept in a bank.

Back

savings account

Front

money lent to businesses or buying stocks, CDs, bonds, mutual funds, etc, is an example of

Back

investment

Front

a situation in which buyers & sellers exchange particular types of financial assets is called

Back

financial market

Front

financial institution that collects funds from savers and then invests these funds & other assets

Back

intermediary

Front

money used by an investment firm to purchase groups of stocks for investors

Back

mutual fund

Front

the market for selling long term financial assets

Back

capital market

Front

the market for selling short term financial assets

Back

money market

Front

the market for selling newly created financial assets

Back

primary market

Front

the market where financial assets are resold

Back

secondary market

Front

secondary market where securities (stocks & bonds) are sold

Back

stock exchange