A Totem Is

question 31

Multiple Choice

A totem is:

• A) the spirit of an ancient ancestor.
• B) an abstract representation of a god or gods.
• C) a special object that supposedly can be traced to the gods.
• D) an ordinary object that has become a sacred symbol.
• E) an object not understood by most of the community of believers.

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Definitions:

Dividend Capture

A strategy in which an investor purchases securities to own them on the day of record and then quickly sells them; designed to attain dividends but avoid the risk of a lengthy hold.

Securities

Securities that signify ownership in a corporation listed on the stock market, a debt obligation with a government entity or company (bond), or entitlements to ownership through an option.

Day of Record

The date set by a company on which the investors must be on the company's books in order to receive a dividend.

Money Market Instruments

Short-term debt instruments, usually with a maturity of less than one year, used for borrowing and lending in the money market.