Random Walk On Wall Street Exam Questions and
Answers 100% Pass
Initial Public Offering（IPO） - ✔✔process of offering shares of a private corporation to the public in a
new stock issuance. Public share issuance allows a company to raise capital from public investors. (首次
公开募股)
Bandwagon - ✔✔A fallacy which assumes that because something is popular, it is therefore good, correct,
or desirable. (浪头）
Ponzi Scheme - ✔✔A Ponzi scheme is a fraudulent investing scam promising high rates of return with
little risk to investors. The Ponzi scheme generates returns for early investors by acquiring new investors.
It is based on using new investors' funds to pay the earlier backers. (庞氏骗局指骗人向虚设的企业投资，
以后来投资者的钱作为快速盈利付给最初投资者以诱使更多人上当）
restitution - ✔✔payment for an injury; compensation
raptly - ✔✔adv. wholly absorbed (全神贯注的）
philistine - ✔✔a person who is guided by materialism and is disdainful of intellectual or artistic values (
平庸之辈）
default - ✔✔failure to pay back a debt including interest or principal on a loan or security
blithely - ✔✔1. lacking due thought or consideration (blithe unconcern)
2. of a happy lighthearted character or disposition (a blithe spirit)
Page 1/16
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,metier - ✔✔vocation
mutual fund - ✔✔A mutual fund is a type of financial vehicle made up of a pool of money collected from
many investors to invest in securities like stocks, bonds, money market instruments, and other assets.
Mutual funds are operated by professional money managers, who allocate the fund's assets and attempt
to produce capital gains or income for the fund's investors. A mutual fund's portfolio is structured and
maintained to match the investment objectives stated in its prospectus.
foundry - ✔✔a workshop or factory for casting metal
talismanic - ✔✔an object held to act as a charm to avert evil and bring good fortune
Earnings Per Share (EPS) - ✔✔Calculated as a company's profit divided by the outstanding share of its
common stock. It serves as an indicator of a company's profitability. The higher a company's EPS, the
more profitable it is considered.
Price Earnings Ratio (Multiple) or P/E Ratio - ✔✔Ratio for valuing a company that measures its current
share price relative to its per-share earnings. It is used by investors and analysts to determine the relative
value of a company's shares in an apples-to-apples comparison. It can also be used to compare a company
against its own historical record or to compare aggregate markets against one another over time. (市赢率
）
Share outstanding - ✔✔a company's stock currently help by all its shareholders, including share blocks
held by institutional investors and restricted shares owned by the company's officers and insiders. It is
shown on a company's balance sheet under the heading "Capital Stock". A company's number of
outstanding shares is not static and may fluctuate wildly over time
Synergism - ✔✔interaction of discrete agencies, agents, or conditions such that the total effect is greater
than the sum of the individual effects
Page 2/16
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, Get out the sharp pencil - ✔✔Get ready to solve a tough problem, such as the to balance the accounts of
business. A sharper pencil won't make your math more accurate, but it emphasizes the attention to detail
that will be required
collateral - ✔✔an asset that a lender accepts as security for a loan. (抵押品）
Short Selling - ✔✔an investment or trading strategy that speculates on the decline in a stock or other
securities price. A position is opened by borrowing shares of a stock or other asset that the investor
believes will decrease in value by a set future date--the expiration date. The investor then sells these
borrowed shares to buyers willing to pay the market price. Before the borrowed shares must be returned,
the trader is better that the price will continue to decline and they can purchase them at a lower cost.
wash sales - ✔✔a sale of a security at a loss and repurchase of the same or substantially identical security
shortly before or after. Losses from such sales are not deductible in most cases under the Internal
Revenue Code in the US (虚抛）
tipsheet - ✔✔a usually folio publication containing special info or tips relating to a particular business or
line of activity (股票信息报）
jingoism - ✔✔extreme chauvinism or nationalism marked especially by a belligerent foreign policy
conglomerate - ✔✔corporation made up of several different companies in diversified fields. One
company owns a controlling stake in a number of smaller companies which conduct business separately.
IOU - ✔✔a document that acknowledges a debt owed. （拮据）
security - ✔✔a fungible(可替代的）, negotiable financial instrument that holds some type of monetary
value. It represents an ownership position in a publicly-traded corporation (stocks), a creditor
relationship with a governmental body or corporation (bond), or rights to ownership (option). (证券）
at par - ✔✔at face value; at par, below par, above par
Page 3/16
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Answers 100% Pass
Initial Public Offering（IPO） - ✔✔process of offering shares of a private corporation to the public in a
new stock issuance. Public share issuance allows a company to raise capital from public investors. (首次
公开募股)
Bandwagon - ✔✔A fallacy which assumes that because something is popular, it is therefore good, correct,
or desirable. (浪头）
Ponzi Scheme - ✔✔A Ponzi scheme is a fraudulent investing scam promising high rates of return with
little risk to investors. The Ponzi scheme generates returns for early investors by acquiring new investors.
It is based on using new investors' funds to pay the earlier backers. (庞氏骗局指骗人向虚设的企业投资，
以后来投资者的钱作为快速盈利付给最初投资者以诱使更多人上当）
restitution - ✔✔payment for an injury; compensation
raptly - ✔✔adv. wholly absorbed (全神贯注的）
philistine - ✔✔a person who is guided by materialism and is disdainful of intellectual or artistic values (
平庸之辈）
default - ✔✔failure to pay back a debt including interest or principal on a loan or security
blithely - ✔✔1. lacking due thought or consideration (blithe unconcern)
2. of a happy lighthearted character or disposition (a blithe spirit)
Page 1/16
Crafted for Academic Insight by KatelynWhitman. All rights reserved © 2025
,metier - ✔✔vocation
mutual fund - ✔✔A mutual fund is a type of financial vehicle made up of a pool of money collected from
many investors to invest in securities like stocks, bonds, money market instruments, and other assets.
Mutual funds are operated by professional money managers, who allocate the fund's assets and attempt
to produce capital gains or income for the fund's investors. A mutual fund's portfolio is structured and
maintained to match the investment objectives stated in its prospectus.
foundry - ✔✔a workshop or factory for casting metal
talismanic - ✔✔an object held to act as a charm to avert evil and bring good fortune
Earnings Per Share (EPS) - ✔✔Calculated as a company's profit divided by the outstanding share of its
common stock. It serves as an indicator of a company's profitability. The higher a company's EPS, the
more profitable it is considered.
Price Earnings Ratio (Multiple) or P/E Ratio - ✔✔Ratio for valuing a company that measures its current
share price relative to its per-share earnings. It is used by investors and analysts to determine the relative
value of a company's shares in an apples-to-apples comparison. It can also be used to compare a company
against its own historical record or to compare aggregate markets against one another over time. (市赢率
）
Share outstanding - ✔✔a company's stock currently help by all its shareholders, including share blocks
held by institutional investors and restricted shares owned by the company's officers and insiders. It is
shown on a company's balance sheet under the heading "Capital Stock". A company's number of
outstanding shares is not static and may fluctuate wildly over time
Synergism - ✔✔interaction of discrete agencies, agents, or conditions such that the total effect is greater
than the sum of the individual effects
Page 2/16
Crafted for Academic Insight by KatelynWhitman. All rights reserved © 2025
, Get out the sharp pencil - ✔✔Get ready to solve a tough problem, such as the to balance the accounts of
business. A sharper pencil won't make your math more accurate, but it emphasizes the attention to detail
that will be required
collateral - ✔✔an asset that a lender accepts as security for a loan. (抵押品）
Short Selling - ✔✔an investment or trading strategy that speculates on the decline in a stock or other
securities price. A position is opened by borrowing shares of a stock or other asset that the investor
believes will decrease in value by a set future date--the expiration date. The investor then sells these
borrowed shares to buyers willing to pay the market price. Before the borrowed shares must be returned,
the trader is better that the price will continue to decline and they can purchase them at a lower cost.
wash sales - ✔✔a sale of a security at a loss and repurchase of the same or substantially identical security
shortly before or after. Losses from such sales are not deductible in most cases under the Internal
Revenue Code in the US (虚抛）
tipsheet - ✔✔a usually folio publication containing special info or tips relating to a particular business or
line of activity (股票信息报）
jingoism - ✔✔extreme chauvinism or nationalism marked especially by a belligerent foreign policy
conglomerate - ✔✔corporation made up of several different companies in diversified fields. One
company owns a controlling stake in a number of smaller companies which conduct business separately.
IOU - ✔✔a document that acknowledges a debt owed. （拮据）
security - ✔✔a fungible(可替代的）, negotiable financial instrument that holds some type of monetary
value. It represents an ownership position in a publicly-traded corporation (stocks), a creditor
relationship with a governmental body or corporation (bond), or rights to ownership (option). (证券）
at par - ✔✔at face value; at par, below par, above par
Page 3/16
Crafted for Academic Insight by KatelynWhitman. All rights reserved © 2025
