UNIT 1 MIDTERM FLASHCARDS

Front

mortgage

Back

a loan to buy property

Front

deposit

Back

money you put in the bank

Front

pension

Back

money paid to a retired person

Front

shares / stocks

Back

securities representing part-ownership of a company

Front

capital

Back

the money invested in a business

Front

bonds

Back

interest-paying securities issued by companies that need to borrow money

Front

takeover

Back

when a company gains control of another one by buying its stocks

Front

merger

Back

when two formerly separate companies join together

Front

conglomerates

Back

groups of companies that have joined together

Front

depositors

Back

people who place money in bank accounts