Stocks Flashcards
1
Q
Ask Price
A
the price a dealer will sell the stock for
2
Q
Bid Price
A
The price the dealer will buy the stock for
3
Q
Bid ask spread
A
The difference between the ask and bid price
4
Q
Broker
A
an intermediary who helps buyers locate sellers and vice versa
5
Q
Dealer
A
an intermediary who connects buyers and sellers indirectly
6
Q
Dividend
A
the profit that a company pays out to shareholders
7
Q
IPO
A
when a company first goes public on the stock exchange
8
Q
Share
A
an equal portion of a companies stock
9
Q
Stock
A
a form of ownership of a company, each piece or stock being equal