Term
The issuing corporation,
the registered owner,
the transfer agent and registrar,
the number of shares representated by the certificate, and
the authorized signatures of the corporation's officers. |
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Definition
| What information is included in a stock certificate? |
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Term
| Before the company offers a new issue of common stock to the public, current shareholders are first given the opportunity to purchase a sufficient number of the new shares to maintain their current percentge of onwership in the company. |
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Definition
| Regarding common stock, what are preemptive rights and how are they utilitized? |
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Term
| Statutory voting (one vote per director vacancy per share) and cumulative voting (number of shares * number of vacancies). Cumulative voting rights are more advantageous for small shareholders because they can concentrate their votes for one director. |
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Definition
| Regarding voting rights, what is the difference between statutory and cumulative voting, and how does cumulative voting benefit the smaller shareholder? |
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Term
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Definition
| What are the various general investment categories in which stocks may be classified? Be prepared to identify some stocks for each category? |
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Term
| Preferred stock is derived from the fact that preferred stockholders have preference over common stockholders with respect to dividents. Callable means the preferred can be recalled from the stockholder at the discretion of the issuer. |
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Definition
| What is a callable preferred stock? |
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Term
| In the event of default, the claims of corporate bondholders are subordinate to those secured bondholders but take priority over those of stockholders. |
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Definition
| What are certain advantages that corporate bondholders have over stockholders? |
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Term
| The investor is being given the opportunity to participate in a increase in the value of the common stock with the conversion privilege. |
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Definition
| Why do convertible bonds usually have a lower interest rate than non-convertible bonds of the same corporation? |
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Term
| T-Bills are traded at a discount from their face amount and are known as discount securities. |
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Definition
| If Treasury Bills are considered as non-interest bearing securities, where does the yield come from? |
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Term
| Series EE bonds are sold at 50% of their face value with denominations ranging from $50 to $10,000. Series HH bonds are available only in exchange form Series E bonds and Series EE bonds. |
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Definition
| What is the difference between a Series EE Savings Bonds and a Series HH Savings Bond? |
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Term
| Only issuers who have authority to levy and collect taxes. (Cities, Counties) |
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Definition
| Who may issue General Obligation Bonds and what are some of the main sources for funding this debt? |
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Term
| Treasury bills, Certificate of Deposit (Negotiable), Commercial Paper, Bankers' Acceptances |
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Definition
| What are the various Money Market instruments? |
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Term
| Annual interest/current market price |
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Definition
| How is the current yield on a bond calculated? |
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Term
Investment Objectives of Clients, Financial Status of Clients,
Risk Tolerance of Clients |
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Definition
| What are the suitability factors in regard to clients and securities? |
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