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crossword puzzle chapter 11

investment / the act of redirecting resources from being consumed today so that they may create benefits in the future; the use of assets to earn income or profit
financial system / the network of structures and mechanisms that allows the transfer or money between savers and borrowers
financial asset / a claim on the property or income of a borrowers
financial intermediary / an institution that helps channel funds from savers to borrowers
mutual fund / an organization that pools the savings of many individuals and invests this money in a variety of stocks, bonds, and other financial assets
hedge fund / a private investment organization that employs risky strategies that often made huge profits for investors
diversification / the strategy of spreading out investments to reduce risk
portfolio / a collection of financial assets
prospectus / an investment report that provides info to potential investors
return / the money an investor recieves above and beyond the sum of money initially invested
coupon rate / the interest rate that a bond issuer will pay to the bondholder
maturity / the time at which payment to a bondholder is due
par value / a bond's stated value, to be paid to the bondholder at maturity
yield / the annual rate of return on a bond if they bond is held to maturity
savings bonds / a low-denomination bond issued by the United States government
inflation-indexed bond / a bond that protects the investor against inflation by its linkage to an index of inflation
muncipal bond / a bond issued by a state or local government or a muncipality to finance a public project
corporate bond / a bond issued by a corporation to help raise money for expansion
junk bond / a bond with high risk and potentially high yield
capital market / a market in which money is lent for periods longer than a year
money market / a market in which money is lent for periods of one year or less
primary market / a market for selling financial assets that can be redeemed only by the original holder
secondary market / a market for reselling financial assets
share / a portion of a stock
capital gain / the difference between the selling price and purchase price that results in a financial gain for the seller
capital loss / the difference between the selling price and purchase price that results in a financial loss for the seller
stock split / the division of each single share of a company's stock into more than one share
stockbroker / a person who links buyers and sellers of stock
brokerage firm / a business that specialized in trading stocks
stock exchange / a market for buying and selling stock
futures / contracts to buy or sell commodities at a particular date in the future at a price specified today
options / contracts that give investors the right to buy or sell stock and other financial assets at a particular price until a specified future date
call option / a contract for buying stock at a particular price until a specified future date
put option / a contract for selling stock at a particular price until a specified future date
bull market / a steady rise in the stock market over a period of time
bear market / a steady drop or stagnation in the stock market over a period of time
speculation / the practice of making high-risk investments with borrowed money in hopes of getting a big return

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