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Definition
| These connect production's need for money with consumption's available savings. |
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Definition
| A project's duration should match the term of the financing that supports it? |
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| The initial sale of a security? |
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| Subsequent sales between investors of securities are? |
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Definition
| An __________ ____ helps companies market their securities. |
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| A __________ _________ sells shares in itself and invests the funds collectively on behalf of its investors. |
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Definition
| Who trades on the floor of the exchange? |
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Term
| Securities and Exchange Commission (SEC) |
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Definition
| The sale of securities is regulated by the federal government through which commission? |
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Definition
| A ________ ________ _______ can sell securities broadly after a prospectus is approved by the SEC. |
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Definition
| An _________ ______ ______ grants the right to purchase stock at a set price over a limited period. |
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| The chance that the borrow won't pay principal or interest? |
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Definition
| What risk entails being unable to sell the bond of a little known issuer? |
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Definition
| Which risk arises because long-term bond prices change more with interest swings than short-term bond prices? |
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Term
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Definition
| Which Theory says, "Today's rates rise or fall with term as future rates are expected to rise or fall"? |
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Term
| Liquidity Preference Theory |
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Definition
| Which Theory says, " Investors prefer shorter-term securities and must be induced to make longer loans"? |
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Term
| Market Segmentation Theory |
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Definition
| Which theory says, "Loan terms define independent segments of the debt market, which set seperate rates"? |
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Definition
| A borrower ______ by failing to make loan payments. |
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Definition
| A lender _______ by taking a defaulted borrower's property. |
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Definition
| Making loans to people who clearly can't afford them is what? |
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