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flashcards
market structure
10
Economics
12th Grade
12/03/2009

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Term
homogenous
Definition
the same
Term
heterogenous
Definition
differentiated
Term
price leadership
Definition
action taken by industry leader
Term
price taker
Definition
a firm that take the market price determined by supply and demand.
Term
dividend
Definition
the portion of profits distributed from a corporation to a stockholder
Term
bonholder
Definition
a person who has loaned a corporation money and will be paid on a certain day with interst
Term
collateral
Definition
something of value to secure a loan
Term
principal
Definition
the face value of a loan or bond.the original amount you borrowed.
Term
preffered stock
Definition
a type of stock where the stockholder does have voting rights but is guartanteed dividends first.
Term
common stock
Definition
a type of stock where the stockholder does have voting rights but not guartanteed divedends
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