Summary: Vocabulary

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  • 1 The organization of the financial industry

  • 1.1 Vocabulary

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  • Money you put in the bank is called a ...

    deposit
  • Securities representing part-ownership of a company are called ... or ...

    shares or stocks
  • ... are interest-paying securities issued by companies that need to borrow money

    bonds
  • A ... is when a company gains control of another one by buying its stocks

    takeover
  • A ... is when two formely seperate sompanies join together

    merger
  • abolished or ended rules and restrictions

    deregulated
  • sums of money paid as penalties for breaking the law

    fines
  • groups of companies that have joined together

    conglomerates
  • guarenteeing to buy a company's newly issued stocks if no one else does

    underwriting
  • poeple who place money in bank accounts

    depositors
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