U.S. Economy Study Guide

Front

How would you define stock?

Back

A share representing ownership in a company.

Front

Define diversification.

Back

Spreading investments across various assets to reduce risk.

Front

What is a stock symbol?

Back

A unique identifier for a stock on an exchange

Front

Explain stock exchange.

Back

A marketplace for buying and selling securities, such as shares, stocks, bonds, and other financial instruments

Front

Name one of the "3" major stock exchanges.

Back

New York Stock Exchange

Front

Name one tip for selecting stocks.

Back

Research the company's financial health

Front

Something of value owned by an individual.

Back

Asset

Front

Legal process that relieves debtors of financial obligations.

Back

Bankruptcy

Front

Predictable, regular monetary income.

Back

Salary

Front

Original amount invested.

Back

Principal