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Definition
| A promisory note issued at a discount by a large, sound firm. |
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| Negotiable Certificate of Deposit |
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Definition
| An interest-bearing security issued by a bank or financial intermediary. Must be kept for a specified period of time. |
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Definition
| US-dollar denominated funds held by a bank in a foreign (non-US) country. |
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Definition
| A time draft that obligates a bank to pay a specified amount to the security's holder at some future date |
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Definition
| An unsecured long-term bond; it provides no lien. |
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Definition
| Has a claim on assets only after the senior debt is paid off. |
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Definition
| A bond that pays interest to the holder only if the interest is earned by the firm |
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Definition
| Can be redeemed at the bondholder's option. |
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Definition
| A bond that has interest payments based on an inflation index to protect the holder. |
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Definition
| A required annual payment designed to amortize a bond. |
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Definition
Debt sold by a foreign company, BUT DENOMINATED in the currency of the country it was sold.
IE: Bell Canada issues bonds in the US market in US dollars. |
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Term
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Definition
| Debt sold in a country other than the one in whose currency the debt is denominated. |
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Term
| Yankee bond; Samurai bonds |
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Definition
Foreign bonds are often labeled in the country they are sold.
Give 2 examples |
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Term
| 1.Income stocks vs. 2.Growth Stocks |
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Definition
1. Pay large dividends somewhat consistently
2. Generally pay little or no dividends in order to grow |
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Term
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Definition
| A document giving one person an authority to act for another (normally to vote for stocks). |
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Term
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Definition
| A provision that gives existing stockholders the right to purchase new issues of common stock. |
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