Vocab History Flashcards
Bull market
Long period of rising stock prices
Stock market
System of buying and selling stock in a corporation
Martin
Using a loan from a stockbroker to buy stock by using only a small down payment
Margin call
Stock brokers demand that investors pay back he entire amount of the loan at once
Speculation
Risking money by buying more stocks with a belief that stocks with rise
Bank run
Many depositors decide to withdraw their money at one time
Installment
Monthly payment
Bailiffs
Court officers who ejected non paying tenants from their homes
Hobos
People wandering the country looking for work
Soap operas
Daytime radio dramas
Public works
Government funding building projects
Reconstruction finance corporation
Established to make loans to businesses
Relief
Money given directly to impoverished families
Foreclosed
Creditors taking ownership of the land and evicting the families
