Vocbulary

Question 1

What is a security?

Answer 1

1. Financial investment
2. Common enterprise
3. Depends on efforts of others (not the investors to succeed
4. Profit motive

Question 2

List of securities

Answer 2

Stock (including treasury stock), bond (including debentures), note(short term debt security)

Question 3

Not a security.Form

Answer 3

• Fixed annuities (including equity indexed annuities)
• Insurance products with guaranteed payment, including whole life, term life, universal life, endowment policy.
• Commodities such as gold, oil, cattle, corn
• Collectibles