cpcu 556 vocab

A stock that generates current income by paying a higher than average current yield

A stock is regarded as stable and comparatively safe, especially in periods of declining business activity

A stock in a company whose earnings and share prices tend to fluctuate sharply with the business cycle or with cycles peculiar to its own industries

A high grade, investment quality issue of a major, well established compay that has a long record of earnings stability or growth and dividend payments in good financial times as well as bad

A stock that generaly presents far greater risk for the investor than common stock It may be a new issue stock, a high profile company, or a small developing firm

A reasonably long time period during which common stocks in general consistently decline by a significant amount

The use of borrowed funds to try to increase the rate of return that can be earned on the investor's own funds invested in a project

A corporation or business trust, similar in concept to a closed-end investment company, that meets the tax law requirments to be a REIT and invests primarily in real estate

An option allowing the buyer to purchase from someone a certain stock or another asset at a set price at any time within a specified period

An option allowing the buyer to sell a certain stock or another asset at a set price at any time within a specified period

An agreement to buy or sell a commodity at a price stated in the agreement on a specified future date