Chapter 2 Flashcards

1
Q

liquidity

A

ease with which an asset can be converted to cash

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

short (a stock)

A

position oneself to make money when the price falls

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

margin account

A

investing account that enables the investor to increase leverage with good debt

How well did you know this?
1
Not at all
2
3
4
5
Perfectly