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priority over common stock in the payment of dividends but no voting rights |
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represents general ownership in a corporation and a right to share in its profits |
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A licensed specialist in the buying and selling of stocks and bonds |
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Business organization that accommodates the buying and selling of securities |
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The price at which a share of stock can be bought and sold in the stock market |
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A certificate representing a promise to pay a definite amount of money at a stated interest rate on a specified due date |
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An investment fund set up and managed by a company that receives money from many investors |
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Buying something now and paying for it later |
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total dollar cost of credit including interest and all other charges (added if total owed is not paid) |
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Borrowed money for special use |
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Property that is offered as security for some loan agreements |
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the party responsible for payment of a note if the borrower does not pay as promised |
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Part of purchase price paid at sale |
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Annual Percentage Rate (APR) |
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Required by law, states the % cost of credit on a yearly basis |
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the cost of using someone elses money |
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The amount a policyholder must pay for the insurance coverage |
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A contract where one party agrees to pay another party for losses affecting the insured's interests |
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Protection against a specific kind of loss |
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Insurance designed to pay for the repair or replacement of the policy owner's car in the event of damage not resulting from an accident |
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The act or process of colliding; a crash or conflict |
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the sharing of expenses by the policyholder and the insurance company |
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