Complete the Following Using the Terms Listed

question 32

Essay

Complete the following using the terms listed.
a.bonds
b.Commercial banks
c.NASDAQ
d.Credit unions
e.financial system
f.call provision
g.insider trading
h.Federal Open Market Committee (FOMC)
i.Securities
j.New York Stock Exchange
k.Internet-only banks
l.limit order
m.debentures
n.primary market
o.net savers
-When bond rates start to decline,issuers usually use the _____ to redeem the bond before its maturity at a specified price.

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Definitions:

Unit Trust

A form of collective investment constituted under a trust deed, similar to mutual funds in certain jurisdictions.

Global Fund

An investment fund that diversifies its portfolio by investing in securities from markets around the world.

Securities

Tradable financial instruments that represent ownership or creditor relationships, such as stocks, bonds, and options.

Money Market Funds

Investment funds that invest in highly liquid, near-term instruments like cash, cash equivalent securities, and high-credit-rating debt-based securities with short maturities.