Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
22 Cards in this Set
- Front
- Back
Divided Growth Model
|
A model that determines that current price of a stock as its divided by the discount rate less the dividend growth rate.
|
|
Dividend Yield
|
A stock's expected cash dividend by its current price
|
|
Capital Gains Yield
|
The dividend growth rate, or the rate at which the value of an investment grows.
|
|
Common Stock
|
Equity without priority for dividends or in bankruptcy
|
|
Cumulating Voting
|
A procedure in which a shareholder may cast all votes for one member of the board of directors.
|
|
Straight Voting
|
A procedure in which a shareholder may cast all votes for each member of the board of directors.
|
|
Proxy
|
A grant of authority by a shareholder allowing another individual to vote his or her shares.
|
|
Dividends
|
Payments by a corporation to shareholders, made in either cash or stock.
|
|
Preferred Stock
|
Stock with dividend priority over common stock, normally with a fixed dividend rate, sometimes without voting rights.
|
|
Primary Market
|
The market in which new securities are originally sold to investors.
|
|
Secondary Market
|
The market in which previously issued securities are traded among investors.
|
|
Dealer
|
An agent who buys and sells securities from inventory.
|
|
Broker
|
An agent who arranges securities transactions among investors.
|
|
Member
|
As of 2006, a member is the owner of a trading license on NYSE.
|
|
Commission Broker
|
NYSE members who execute customer orders to buy and sell stock transmitted to the exchange floor.
|
|
Specialist
|
A NYSE member acting as a dealer in a small number of securities on the exchange floor; often called a market maker
|
|
Floor brokers
|
NYSE members who execute orders for commission brokers on a fee basis; sometimes called $2 brokers.
|
|
Floor Traders
|
NYSE members who trade for their own accounts trying to anticipate temporary price fluctuations.
|
|
Order Flow
|
The flow of customer orders to buy and sell securities.
|
|
Specialist's Post
|
A fixed place on the exchange floor where the specialist operates.
|
|
Over-the-Counter (OTC) Market
|
Securities market in which trading is almost exclusively dine through dealers who buy and sell for their own inventories.
|
|
Electronic Communications Network (ECN)
|
A website that allows investors to trade directly with each other.
|