Chapter 8 Vocabulary Review

The highest price at which one share was traded over the last year.

• 52-week high
• 52-week low
• High
• Close
• Annual High

The lowest price at which one share was traded over the last year.

• 52-week low
• 52-week high
• Low
• Close
• Annual Low

Trades that are made after the stock market closes.

• After-hours trading
• Closed trades
• Last orders
• Limited orders
• Brokered trades

Instructions to the broker to get the best possible price.

• At the market
• Limit order
• Brokered trades
• Best available price
• Discount trades

A flat fee or commission that a stockbroker charges for stock trades.

• Broker fee
• Transaction cost
• Trading fee
• Stock fee
• Broker dividend

Money that is used to start or expand a business.

• Capital
• Investment
• Loan
• LLC
• Brokerage

The last price at which a stock was traded on a given day.

• Close
• Final
• High
• Low
• End

A type of stock where the stockholders receive dividends only when the board of directors elects to issue dividends.

• Common stock
• Preferred stock
• Dividend stock
• Growth stock
• Corporate stock

A loan to a corporation; the corporation agrees to pay the bondholder back with interest, much like a bank pays a customer with money on deposit.

• Corporate bond
• Corporate stock
• Preferred stock
• Market bond
• Preferred bond

A business organization that is owned by one person or a group of people, in which the owner has limited liability in the business, and therefore, is not personally liable.

• Corporation
• Company
• Sole proprietorship
• Partnership
• Brokerage