Term
| Security (financial instrument) |
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Definition
| Claim on the issuer's future income or assets |
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Definition
| Any financial claim or piece of property that is subject to ownership |
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Definition
| Debt security that promises to make payments periodically for a specified period of time |
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| Cost of borrowing or the price paid for the rental of funds |
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Definition
| Represents a share of ownership in a corporation |
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Definition
| Institutions that borrow funds from people who have saved and in turn make loans to others |
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| Major disruptions in financial markets that are characterized by sharp declines in asset prices and the failures of many financial and nonfinancial firms |
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| Financial institutions that accept deposits and make loans |
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| The delivering of financial services electronically |
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| Anything that is generally accepted in payment for goods or services or in the repayment of debts |
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Definition
| Total production of goods and services |
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| The percentage of the available labor force unemployed |
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| Upward and downward movement of aggregate output produced in the economy |
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Definition
| Periods of declining aggregate output |
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| The theory that relates changes in the quantity of money to changes in aggregate economic economic activity and the price level |
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Definition
| Average price of goods and services in an economy |
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Definition
| A continual increase in the price level |
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Definition
| Rate of change of the price level |
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Definition
| Management of money and interest rates |
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Definition
| Organization responsible for the conduct of a nation's monetary policy |
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Definition
| The United States' central bank |
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Definition
| Decisions about government spending and taxation |
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Definition
| Excess of government expenditures over tax revenues for a particular time period |
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| When tax revenues exceed government spending |
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| A measure of aggregate output |
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| Wealth, either financial or physical, that is employed to produce more wealth |
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| Number of years until that instrument's expiration date |
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| Claims to the share in the net income and the assets of a business |
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Definition
| Periodic payments from equities |
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Definition
| Financial market in which new issues of a security are sold to initial buyers by the corporation or government agency borrowing the funds |
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Definition
| Financial market in which securities that have been previously issued can be resold |
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