Series 66 - G's H's J's K's and L's

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Series 66 - G's H's J's K's and L's
2014-02-25 23:20:19
Series 66

Terms and Definitions for Series 66
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  1. This term refers the guarantee that principal, interest, or dividends will be paid.
  2. A security whose earnings are expected to grow faster than the average company. A ____  ___ normally pays very little in dividends ( low dividend payout rate) and earns a high rate of return.
    Growth Stock
  3. The ___ ___ ___  refers to the total value of all goods and services produced in the country on an annual basis. In order to properly compare ___ figures from one year to the next year, the figures must be in constant dollars.
    Gross Domestic Product (GDP)
  4. Ginnie Mae Pass-Through Securities are backed by a pool of mortgages. Ginnie Mae Securities guarantee the timely payment of principal and
    interest, backed by the U.S. Government.
    Government National Mortgage Association (GNMA)
  5. GNMA
    Government National Mortgage Association
  6. Manages a limited partnership and is responsible for the debts of the limited partnership. In an oil and gas program, the ____  ___  will decide which properties to lease and where to drill. In a real estate limited partnership, the ___  ____ will select the properties to buy and will manage the properties.
    General Partner
  7. A chart pattern used by technical analysts to predict future price movements. A ___ __ ___ ____ ___ is a bearish formation usually indicating a downturn in prices.
    Head and Shoulders Top Formation
  8. A ___ ___  is a very risky mutual fund that can sell short, borrow money, and engage in extensive option trading. Investors who are seeking substantial gains by taking high risks are attracted to ____ ___.
    Hedge Fund
  9. A new securities issue that trades immediate premium over its public offering price.
    Hot Issue
  10. A form of joint ownership of securities whereby the death of one joint owner causes ownership to pass to the survivor. Assume a husband and wife own securities as ___ ___ ___ __ __ ___. If the husband dies, ownership of the securities passes to the wife.
    Joint Tenants with Rights of Survivorship (JTWROS)
  11. JTWROS
    Joint Tenants with Rights of Survivorship
  12. Retirement plan for self-employed individuals whereby dividends, interest and capital gains are tax-sheltered. When the individual withdraws money from a ____ ___, it is normally taxed as ordinary income.
    Keogh Plan
  13. Economic Theory that advocates active manipulation of government taxation and spending to control the business cycle.
    Keynesian Theory
  14. The most recent transaction which has taken place in a security.
    Last Sale
  15. ____ are long-term options on securities. Investors with a long-term view of the stock market would consider using ____.
  16. Normally issued by a bank which guarantees the payment of a customer's debt up to a certain amount for a certain period of time.
    Letter of Credit
  17. It is the interest rate that international banks, dealing in Eurodollars, charge for large loans.
    London Inter-Bank Offered Rate (LIBOR)
  18. LIBOR
    London Inter-Bank Offered Rate
  19. JTWROS
    Joint Tenants with Rights of Survivorship
  20. A chart pattern used by technical analysts to predict future price movements. A ___ __ ___ ____ ___  is a bullish chart pattern indicating a price upturn.
    Head and Shoulders Bottom Formation