Examlex

Solved

MATCHING Identify the Letter of the Choice That Best Matches the the Phrase

question 82

Multiple Choice

MATCHING
Identify the letter of the choice that best matches the phrase or definition.
-Indicates how many digits to the right of a decimal place are to be returned


Definitions:

Primary Market

The financial market where new securities are issued and sold for the first time, typically directly by the issuer to investors.

Secondary Market

A financial market where previously issued financial instruments such as stock, bonds, options, and futures are bought and sold.

Interest

The cost of borrowing money, often expressed as a percentage rate over a period of time, or the income earned from lending money.

Dividends

Money disbursed by a business to its members, principally originating from the enterprise's earnings.

Related Questions