The Market for Large Blocks of Listed Stocks That Operates

question 151

Multiple Choice

The market for large blocks of listed stocks that operates outside the confines of the organized exchanges is called the:

• A) primary market
• B) secondary market
• C) third market
• D) fourth market

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Definitions:

Short-term Investments

Investments typically held for one year or less, intended for quick conversion to cash without a significant risk of loss.

Money Market Accounts

Deposit accounts that offer higher interest rates than regular savings accounts, with limited transaction capabilities.

Petty Cash

A limited fund held in reserve to facilitate the prompt settlement of minor sundry outlays.

Cash Equivalents

Short-term, highly liquid investments that are readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value.