Ch. 17 Flashcards
1
Q
stocks, bonds, and other financial instruments traded on a stock exchange
A
securities
2
Q
risky business venture involving buying or selling in the hole of making a large quick profit
A
speculation
3
Q
method of buying stock with a small cash down payment and the rest borrowed from a stockbroker
A
on margin
4
Q
system of paying for goods at regular intervals, usually with interest added to the balance
A
installment buying
5
Q
official authorization to suspend payments, as with a debt; officially authorized period of waiting
A
moratorium
6
Q
elected official who continues to hold office during the period between the election and the inauguration of a successor
A
lame duck
7
Q
place or building where arms and military equipment are stored
A
armory
