0
Rate this Study Guide:
☆☆☆☆☆The basing of a currency on gold. In some sense in such a system, gold IS the currency and money is a symbol for a corresponding amount of gold, backed by the issuer - i.e. the bank promises that by some means you are always able to exchange X of its currency for Y gold, and vice versa.
No country still uses the gold standard - modern currencies are free floating with their value determined by local markets and exchange rates with other currencies.
Even so, national governments still usually carry large gold reserves as a holdover from the time when they needed them as a physical guarantee. Gold has remained valuable over thousands of years so it can always be sold as needed for any currency (including its own) that a country might need, or bought to safely store wealth.
A currency system in which each dollar is worth 1/20 of an ounce of gold (gradpoint)
Standard and Poors is one of the 3 premier Credit Rating Agencies in the world.
A deposit account that pays interest.
In Furman vs. Georgia the court ruled that all existing death penalty laws violated the constitution.
It goes to the investor who buys the bond.
A zero coupon bond is a bond in which, the investor need not pay any premium (coupon) above the face value of the bond while purchasing it.
Let us say a company issues a $10,000 bond at a discount of 10% with zero coupon, it is enough if the investor pays $9000 to buy the bond. At the time of maturity he would get back $10,000. This 10% discount can be compared to the interest earned on the investment for the investor.
to many to count... 100 dimes 1 quarter. 41 quarters. 50 dimes 21 quarters
in the late eighteenth century
Reduces risks to investors
Fever.
God bless!
the company invests money collected from employers
households, individuals, and businesses
No
NASDAQ
It's actually called a call option. I will provide you with a definition I just found for this, and some additional tips on options trading.
- - - - -
The option to sell shares is a put. The option to buy them is a call.
yield
Granitic strips in the ocean floor ...
Novanet
It is a way for investors to avoid paying a future higher price of a stock.
NOVANET
face value
Capital markets
Primary Market
Higher risk investments have a higher potential return.
because
mutual fund
have low interest rates
a primary market is financial assets that can be redeemed only by the original investor; a secondary market's assets can be resold
Failing to pay back a student loan can have negative consequences. It can negatively effect your credit score.
Account holders can usually make unlimited withdrawals each month without paying a withdrawal fee.
