Quiz_________________?
account statements -
Answer✅
show: -all activity in the account since the previous statement
-securities positions, long or short
-account balances (debit or credit
Quiz_________________?
Accredited Investor -
Answer✅
-has a net worth of 1 million or more, not including net equity
-has had an annual income of 200k or more in each of the two most recent years
Quiz_________________?
Advantages of Limited Partnership -
Answer✅
-investment managed by others
1
, -limited liability(can only lose the amount invested)
-flow-through of income and certain expenses
Quiz_________________?
american style options -
Answer✅
can be exercised at any time before expiration
Quiz_________________?
annuity -
Answer✅
insurance contract designed to provide retirement income
Quiz_________________?
balloon bond issue -
Answer✅
pays off major portion of bond at maturity but pays part of the principal throughout
Quiz_________________?
Banker's Acceptance -
Answer✅
short-term time draft with a specified payment date drawn. Payment date is normally
between 1 and 270 days.
2
, Quiz_________________?
blotter -
Answer✅
record of original entry
Quiz_________________?
Broker-Dealer that doesn't comply is subject to: -
Answer✅
-censure
-limits on activities
-suspension
-revocation of reg
-fine
Quiz_________________?
call risk -
Answer✅
risk that a bond might be called before maturity and an investor will be unable to reinvest
the principal at a comparable rate of return
Quiz_________________?
callable preferred stock -
Answer✅
-stock that can be bought back from investors at a stated price after a speciifed date
3
account statements -
Answer✅
show: -all activity in the account since the previous statement
-securities positions, long or short
-account balances (debit or credit
Quiz_________________?
Accredited Investor -
Answer✅
-has a net worth of 1 million or more, not including net equity
-has had an annual income of 200k or more in each of the two most recent years
Quiz_________________?
Advantages of Limited Partnership -
Answer✅
-investment managed by others
1
, -limited liability(can only lose the amount invested)
-flow-through of income and certain expenses
Quiz_________________?
american style options -
Answer✅
can be exercised at any time before expiration
Quiz_________________?
annuity -
Answer✅
insurance contract designed to provide retirement income
Quiz_________________?
balloon bond issue -
Answer✅
pays off major portion of bond at maturity but pays part of the principal throughout
Quiz_________________?
Banker's Acceptance -
Answer✅
short-term time draft with a specified payment date drawn. Payment date is normally
between 1 and 270 days.
2
, Quiz_________________?
blotter -
Answer✅
record of original entry
Quiz_________________?
Broker-Dealer that doesn't comply is subject to: -
Answer✅
-censure
-limits on activities
-suspension
-revocation of reg
-fine
Quiz_________________?
call risk -
Answer✅
risk that a bond might be called before maturity and an investor will be unable to reinvest
the principal at a comparable rate of return
Quiz_________________?
callable preferred stock -
Answer✅
-stock that can be bought back from investors at a stated price after a speciifed date
3
