A | B |
Created during the Great Depression to Maintain Public Confidence in the Banking System | Federal Deposit Insurance Corporation (FDIC) |
Established in 1913 and is the central bank of the United States. It controls the money supply | Federal Reserve Board |
A market which stock prices are falling | Bear |
A market where stock prices are increasing in value | Bull |
A bond where ownership is determined by possession | Bearer Bond |
An increase in the market value of an asset over time. | Capital Gain |
A measure of tyhe change in price of consumer goods | Consumer Price Index (CPI) |
An increase in promised payments to account for increased prices | Cost of Living Adjustment (COLA) |
An unsecured bond backed only by the credit of the issuer | Debenture |
A decrease in the level of prices | Deflation |
A long period of economic decline usual featuring high unemployment | Depression |
Income after taxes that is available for personal use | Disposable Income |
An artifical lowering of a nation's currency | Devaluation |
The rate of interest that the Federal Reserve charges member banks | Discount Rate |
Discretionary payment by a corporation to its shareholders | Dividend |
A school of thinking that argues that economic growth can be achieved by lowering taxes | Supply-Side Economics |
Bonds Issued by companies with low credit ratings | Junk Bonds |
A flexible investment fund for a limited number of large investors | Hedge Funds |
The market value of all goods and services over a specific period of time | Gross Domestic Product |
Investing in more than one asset to minimize risk | Diversification |
An increase in the level of prices | Inflation |
Assets consisting of cash and items that can easily be converted to cash | Liquid Assets |
Bonds issued by state and local governments | Municipal Bonds |
Total borrowing limit set by Congress | National Debt Ceiling |
A statistical measurement of the change in the price of wholesale goods | Producer Price Index |
A mild decrease in economic activity | Recession |
Economic slowdown in which there is little growth of GDP | Stagnation |
A brokerage account that allows trading on credit | Margin Account |
An acquisition of a company based on future profits | Leveraged Buyout |
Borrowing shares of stock firm and selling them in the hopes of buying them back at a lower price | Short Selling |
The rate charged by banks on short-term loans to commercial banks with the highest credit rating | Prime Interest Rate |
Security in which a bank or builder gets a group of mortgages and sells bonds based on them | Mortgage Backed Securities |
The Chair of the Federal Reserve Board | Janet Yellen |
Freddie Mac is | The Federal Home Loan Mortgage Corporation |
Fannie Mae is | Federal National Mortgage Association |