Chapter 17 Vocabulary Flashcards

1
Q

stocks, bonds, and other financial instruments traded on a stock exchange

A

securities

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2
Q

risky business venture involving buying or selling in the hope of making a large, quick profit

A

speculation

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3
Q

method of buying stock with a small cars down payment and the rest borrowed from a stockbroker. Stockbroker holds shares of stock as collateral for the loan; borrower repays broker from stock resale profits

A

on margin

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4
Q

system of paying for goods at regular intervals, usually with interest added to the balance

A

installment

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5
Q

official authorization to suspend payments, as with a debt; officially authorized period of waiting

A

moratorium

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6
Q

elected official who continues to hold office during the period between the election and inauguration

A

lame duck

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7
Q

place or building where arms and military equipment are stored

A

armory

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