Details Title: Ch.3 & 12 Description: Vocabulary Total Flash Cards: 7 Created: 09/28/2009 08:07:38		New Users: To study from this flashcard set, or to create your own your own study flash cards, REGISTER HERE. Existing Users: CLICK HERE. Additional Economics Flashcards
Cards in this set: Term LIQUIDATION Definition THE PROCESS OF CONVERTING PROPERTY INTO CASH Term STOCK SPLIT Definition A DIVISION OF THE OUTSTANDING SHARES OF A CORPORATION INTO A LARGER NUMBER OF SHARES (2:1 MEANS THAT ONE SHARE NOW EQUALS TWO SHARES) Term STOCK EXCHANGE Definition THE EXCHANGE OF SECURITIES TAKES PLACE HERE Term MARGIN Definition GROWTH OF AN INVESTMENT (CALCULATED AS A RATE %) Term MUTUAL FUND Definition A COMPANY THAT INVESTS ITS SHAREHOLDERS' MONEY IN VARIOUS TYPES OF INVESTMENTS - THESE COMPANIES DIVERSIFY AREAS OF INVESTMENT TO REDUCE THE RISK TO ITS SHAREHOLDERS Term CAPITAL GAIN Definition PROFIT FROMT HE SALE OF AN ITEM Term ANNUITY Definition A SERIES OF EQUAL, YEARLY PAYMENTS FOR A GUARANTEED NUMBER OF YEARS (METHOD OF PAYMENT IS STRETCHED OUT OVER A PERIOD OF TIME)