2.00 Financial Planning Practice Flashcard

Front

Which type of financial market sells new stock or bond issues to investors?

Back

primary capital

Front

The term that refers to how easily an asset can be converted to cash is known as:

Back

liquidity

Front

In which financial market do people make investments in cocoa beans and corn?

Back

soft commodities

Front

A type of market that allows traders to trade any time the market is open is known as a:

Back

continuous market

Front

A type of market in which each transaction takes place at predetermined time intervals is referred to as a:

Back

call market

Front

A form of money held or traded outside the country in whose currency its value is stated is known as:

Back

Eurocurrency

Front

A marketplace where trading of securities such as equities, bonds, currencies, and derivatives occurs is referred to as a:

Back

financial market

Front

A level of performance that describes using the least amount of input to achieve the highest amount of output is known as:

Back

efficiency

Front

Where should Patrick place his money to earn interest and withdraw without penalties?

Back

a retail bank

Front

When do individuals require the services of a mortgage company?

Back

purchase real estate