Study sets matching "financial economic"

Study sets
Classes
Users

Study sets matching "financial economic"

117 terms
Financial Economics
Asset
Financial Asset
Security
Financial Market
Anything of value owned by a person or a firm
An asset that represents a claim on someone else for a payment
A financial Asset that can be bought and sold in a financial…
A place or channel for buying or selling stocks, bonds, and o…
Asset
Anything of value owned by a person or a firm
Financial Asset
An asset that represents a claim on someone else for a payment
41 terms
Financial Economics
Why Fed Funds Market Lending Decreased
Who lends in the Fed Funds Market
Who borrows in Fed Funds Market
What is fed funds rate
1. Decreased because Fed's balance sheet expanded so insituti…
Depository institutions are much less than before, but Federa…
1. Bank Holding Companies... 2. Foreign Banking Institution 42%…
interest earned on unsecured loans of US dollar reserves by U…
Why Fed Funds Market Lending Decreased
1. Decreased because Fed's balance sheet expanded so insituti…
Who lends in the Fed Funds Market
Depository institutions are much less than before, but Federa…
25 terms
Financial Economics
Budget
Gross Income
Net Income
Variable Expenses
money set aside for a specific purpose
money made before taxes are taken out
money brought home after taxes have been deducted
expenses that are not constant or change in amount monthly
Budget
money set aside for a specific purpose
Gross Income
money made before taxes are taken out
25 terms
Financial Economics
Budget
Gross Income
Net Income
Variable Expenses
money set aside for a specific purpose
money made before taxes are taken out
money brought home after taxes have been deducted
expenses that are not constant or change in amount monthly
Budget
money set aside for a specific purpose
Gross Income
money made before taxes are taken out
98 terms
Financial Economics
coupons
level coupon bond
face value
par value
the regular interest payments on a bond
bonds that have a constant coupon that is paid every year
the amount repaid at the end of the loan for a bond
the amount repaid at the end of the loan for a bond
coupons
the regular interest payments on a bond
level coupon bond
bonds that have a constant coupon that is paid every year
48 terms
financial economics
economics
macroeconomics
microeconomics
Finance
A social science that studies how individuals, governments, f…
which concentrates on the behavior of the aggregate
which focuses on individual consumers.
The science that describes the management, creation and study…
economics
A social science that studies how individuals, governments, f…
macroeconomics
which concentrates on the behavior of the aggregate
25 terms
Financial Economics
Budget
Gross Income
Net Income
Variable Expenses
money set aside for a specific purpose
money made before taxes are taken out
money brought home after taxes have been deducted
expenses that are not constant or change in amount monthly
Budget
money set aside for a specific purpose
Gross Income
money made before taxes are taken out
Financial economics
Financial investment
investment that increases value
Financial asset
real asset
buying or building an asset for financial gain
fixing a kitchen or bathroom in a house... buying art(rich peopl…
re cash and securities, such as stocks and bonds
include gold, oil or real estate, production equipment, inven…
Financial investment
buying or building an asset for financial gain
investment that increases value
fixing a kitchen or bathroom in a house... buying art(rich peopl…
32 terms
Financial and Economic
Budget
Consumer
Credit
Economy
an estimate, often itemized, of expected income and expense f…
a person who purchases goods and services for personal use
time allowed for payment for goods or services obtained on tr…
the wealth and resources of a country or region, esp. in term…
Budget
an estimate, often itemized, of expected income and expense f…
Consumer
a person who purchases goods and services for personal use
54 terms
Financial Economics
Ludwig Von Mises... ""
Most Metals trade in
Futures trading is a zero sum game T/F?
Thomas Gresham... ""
Regression Theorem - Money has worth because it replaced bart…
New York
False
"Bad money drives out good" - Good money disappears from circ…
Ludwig Von Mises... ""
Regression Theorem - Money has worth because it replaced bart…
Most Metals trade in
New York
32 terms
Economics and Financial Literacy
producer
consumer
needs
wants
A person, company, or country that makes, grows, or supplies…
A person who purchases goods and services for personal use
Basic requirements for human survival; like food, clothing, a…
Goods that are purchased to add comfort or pleasure to life
producer
A person, company, or country that makes, grows, or supplies…
consumer
A person who purchases goods and services for personal use
12 terms
Financial Economics
Capital Budgeting
Assets
Equity
Cash flows
Choix des investissements
Actifs
Capitaux propres
Flux de trésorerie
Capital Budgeting
Choix des investissements
Assets
Actifs
financial/economics
تمويل
سيولة
مصرف/ مصارف
جدولة
financing
liquidity
bank(s)
categorizing
تمويل
financing
سيولة
liquidity
10 terms
Financial & Economic
Cap Rate
What are the three types of leases?
What are the basic elements of a lease?
What is CAM and how is it allocated?
NOI/Value. If return on capital greater than cap rate -- do p…
Gross, Net & Bondable
Demised premises, term, TI, Rent, Expenses, Security Deposit,…
Common Area Maintenance. Usually allocated by SF or frontage.
Cap Rate
NOI/Value. If return on capital greater than cap rate -- do p…
What are the three types of leases?
Gross, Net & Bondable
62 terms
Economics Financial Test Review
unemployment rate
fricional unemployment
seasonal unemployment
cyclical unemployment
the percent of people in the labor force who want a job but a…
"temporarily unemployed" or being between jobs. Individuals a…
specific type of frictional unemployment which is due to time…
unemployment that results from economic downturns. as demand…
unemployment rate
the percent of people in the labor force who want a job but a…
fricional unemployment
"temporarily unemployed" or being between jobs. Individuals a…
43 terms
Ch. 17 Financial Economics
Economic Investment
FInancial investment
Present Value of Money
Time value of money
paying for new additions/replacement to capital stock
buying or building assets for financial gain... new or old asse…
present day value of future returns or costs that are expecte…
a specific amount of $ is more valuable to a person sooner it…
Economic Investment
paying for new additions/replacement to capital stock
FInancial investment
buying or building assets for financial gain... new or old asse…
38 terms
financial economics- chapter 3
operating activity
investment activity
financing activity
Common-Size Balance Sheets
net income and changes in current accounts
changes in fixed assets
how firm raises cash... changes in notes payable, LT debt, and e…
Compute all accounts as a percent of total assets
operating activity
net income and changes in current accounts
investment activity
changes in fixed assets
30 terms
Financial Economics-- Chapter Ten
bond
face value, par value
coupon rate
zero-coupon bond
A security that obligates the... issuer to make specified... paymen…
The payment to the... bondholder at the maturity... of the bond
A bond's annual interest... payment per dollar of... par value
A bond paying no coupons... that sells at a discount and... provide…
bond
A security that obligates the... issuer to make specified... paymen…
face value, par value
The payment to the... bondholder at the maturity... of the bond
37 terms
Economics Chapter 11: Financial Markets
Investment
Financial System
Financial Asset
Financial Intermediary
The act of redirecting resources from being consumed today so…
The network of structures and mechanisms that allows the tran…
A claim on the property or income of a borrower.
An institution that helps channel funds from savers to borrow…
Investment
The act of redirecting resources from being consumed today so…
Financial System
The network of structures and mechanisms that allows the tran…
22 terms
Financial Economics
The expected portfolio return is simpl…
It would therefore be advisable ...
not least because ...
This raises the question of whether ...
Die erwartete Rendite des Portfolios ist einfach der gewichte…
Es wäre deshalb ratsam ...
nicht zuletzt deshalb, weil ...
Deshalb stellt sich die Frage, ob ...
The expected portfolio return is simpl…
Die erwartete Rendite des Portfolios ist einfach der gewichte…
It would therefore be advisable ...
Es wäre deshalb ratsam ...
22 terms
Financial Economics-- Chapter One
Investment
real assets
financial assets
fixed-income (debt)... securities
Commitment of current... resources in the expectation... of derivin…
Assets used to produce... goods and services
Claims on real assets or the... income generated by them
Pay a specified cash flow... over a specific period
Investment
Commitment of current... resources in the expectation... of derivin…
real assets
Assets used to produce... goods and services
13 terms
Financial Economics-- Chapter Seven
capital asset pricing... model (CAPM)
market portfolio (M )
mutual fund theorem
expected return (mean... return)-beta rel…
A model that relates the... required rate of return on a... securit…
The portfolio for which each... security is held in proportion... t…
States that all investors desire... the same portfolio of risky…
Implication of the CAPM that... security risk premiums... (expected…
capital asset pricing... model (CAPM)
A model that relates the... required rate of return on a... securit…
market portfolio (M )
The portfolio for which each... security is held in proportion... t…
21 terms
Financial Economics-- Chapter Two
money markets
Treasury bills
certificate of deposit
commercial paper (CP)
Include short-term, highly... liquid, and relatively low-risk... de…
Short-term government... securities issued at a discount... from fa…
A bank time deposit
Short-term unsecured debt... issued by large corporations
money markets
Include short-term, highly... liquid, and relatively low-risk... de…
Treasury bills
Short-term government... securities issued at a discount... from fa…
12 terms
Financial Economics-- Chapter Four
investment companies
net asset value (NAV)
unit investment trusts
open-end fund
Financial intermediaries that... invest the funds of individual…
Assets minus liabilities... expressed on a per-share... basis
Money pooled from many... investors that is invested in a... portfo…
A fund that issues or redeems... its shares at net asset value
investment companies
Financial intermediaries that... invest the funds of individual…
net asset value (NAV)
Assets minus liabilities... expressed on a per-share... basis
26 terms
Financial Economics-- Chapter Three
primary market
secondary market
private placement
initial public offering... (IPO)
Market for new issues of... securities
Market for already-existing... securities
Primary offerings in which... shares are sold directly to a... smal…
First sale of stock by a... formerly private company
primary market
Market for new issues of... securities
secondary market
Market for already-existing... securities
18 terms
Financial Economics-- Chapter Eight
random walk
efficient market... hypothesis
weak-form EMH
semistrong-form EMH
The notion that stock price... changes are random and... unpredicta…
The hypothesis that prices... of securities fully reflect... availa…
The assertion that stock... prices already reflect all... informati…
The assertion that stock... prices already reflect all... publicly…
random walk
The notion that stock price... changes are random and... unpredicta…
efficient market... hypothesis
The hypothesis that prices... of securities fully reflect... availa…
Financial economics
discount
acquittance
discount rate
forecast
скидка
погашение долга
учётная ставка
предсказание,оценка
discount
скидка
acquittance
погашение долга
26 terms
Economics Chapter 11: Financial Markets
Savings
Investment
financial system
financial asset
income not used for consumption
the use of income today that allows for a future benefit
all the institutions that help transfer funds between savers…
a claim on the property of the borrower
Savings
income not used for consumption
Investment
the use of income today that allows for a future benefit
17 terms
Financial Economics-- Chapter Six
market risk,... systematic risk,... nondiver…
unique risk,... firm-specific risk,... nonsy…
The Three Rules of Two-Risky-Assets Po…
The Three Rules of Two-Risky-Assets Po…
Risk factors common to... the whole economy
Risk that can be eliminated... by diversification
The rate of return on a portfolio is the weighted average of…
The expected rate of return on a portfolio is the weighted av…
market risk,... systematic risk,... nondiver…
Risk factors common to... the whole economy
unique risk,... firm-specific risk,... nonsy…
Risk that can be eliminated... by diversification
28 terms
Financial Economics-- Chapter Five
holding-period return... (HPR)
arithmetic average
geometric average
dollar-weighted average return
Rate of return over a given... investment period
The sum of returns in each... period divided by the number... of pe…
The single per-period return... that gives the same... cumulative p…
The internal rate of return... on an investment
holding-period return... (HPR)
Rate of return over a given... investment period
arithmetic average
The sum of returns in each... period divided by the number... of pe…
31 terms
Economics Chapter 11: Financial Markets
savings
investment
financial system
financial asset
n. income not used for consumption (p. 318)
n. the use of income today in a way that allows for a future…
n. all the institutions that help transfer funds between save…
n. a claim on a borrower's property (p. 319)
savings
n. income not used for consumption (p. 318)
investment
n. the use of income today in a way that allows for a future…
Financial and Economic Terms
2-for-1 stock option
Buyback Program
Tender Offer
Hedge Fund
Every shareholder with one stock is given an additional share…
The repurchase of outstanding shares (repurchase) by a compan…
An offer to purchase some or all of shareholders' shares in a…
Alternative investments using pooled funds that may use a num…
2-for-1 stock option
Every shareholder with one stock is given an additional share…
Buyback Program
The repurchase of outstanding shares (repurchase) by a compan…
42 terms
Financial economics midterm review
What is corporate finance?
what is capital budgeting
what is capital structure?
what is working capital management?
3 questions... capital budgeting, capital structure, working cap…
what long-term investments firm should take on... size, timing,…
where do the long-term investments come from?... mix of debt and…
short-term management of assets and liabilities... how much inve…
What is corporate finance?
3 questions... capital budgeting, capital structure, working cap…
what is capital budgeting
what long-term investments firm should take on... size, timing,…
42 terms
Chapter 11 Financial Markets (Economics)
Investments
Financial System
Financial Asset
Financial Intermediary
The act of rediecting resources from being consumed today so…
The system that allows the transfer of money between savers a…
Claim on the property or income of a borrower.
Insitituion that helps channel funds from savers to borrowers.
Investments
The act of rediecting resources from being consumed today so…
Financial System
The system that allows the transfer of money between savers a…
11 terms
Financial Economics Chapter 4
investment companies
net asset value (NAV)
unit investment trusts
open-end funds
financial intermediaries that collect funds from individual i…
the value of each share purchased by an investor in companies…
pools of money invested in a portfolio that is fixed for the…
stand ready to redeem or issue share at their net asset value…
investment companies
financial intermediaries that collect funds from individual i…
net asset value (NAV)
the value of each share purchased by an investor in companies…
25 terms
Financial Economics Chapter 3
primary market
secondary market
initial public offerings (IPOs)
underwriters
securities marketed to the public by investment bankers
trading of already-issued securities among investors -- does…
stocks issued by a formerly privately owned company that is g…
public offerings of both stocks and bonds typically are marke…
primary market
securities marketed to the public by investment bankers
secondary market
trading of already-issued securities among investors -- does…
33 terms
Financial Economics Chapter 1
investment
real assets
financial assets
liability
CURRENT commitment of money or other resources in the expecta…
land, buildings, machines, and knowledge that can be used to…
stocks and bonds -- do not contribute directly to the product…
an asset to an investor is a ______ to the issuers of the sec…
investment
CURRENT commitment of money or other resources in the expecta…
real assets
land, buildings, machines, and knowledge that can be used to…
Economics Unit 9: Financial Institutions
Money
Barter
Currency
Fiat Money
Anything that serves as a medium of exchange, a unit of accou…
The direct exchange of one set of goods or services for anoth…
Coins and paper bills used as money.
Money that only has value because the government says so. (Am…
Money
Anything that serves as a medium of exchange, a unit of accou…
Barter
The direct exchange of one set of goods or services for anoth…
Financial Economics Terminology
Asset
Tangible Asset
Intangible Asset
Financial assets (or instruments)
Any resource that is expected to provide future benefits, and…
An asset with physical properties
A legal claim to some future economic benefits.
Intangible assets which are expected to provide future benefi…
Asset
Any resource that is expected to provide future benefits, and…
Tangible Asset
An asset with physical properties
16 terms
Financial Economics-- Chapter Fifteen
call option
exercise or strike price
spread
premium
The right to buy an asset at... a specified exercise price on... or…
Price set for calling (buying)... an asset or putting (selling)…
A combination of two or more... call options or put options on... t…
Purchase price of an option
call option
The right to buy an asset at... a specified exercise price on... or…
exercise or strike price
Price set for calling (buying)... an asset or putting (selling)…
35 terms
Financial Economics Chapter 2
money markets
capital markets
asked price
bid price
short-term, marketable, liquid, low-risk debt securities
more diverse, longer term, and riskier securities
price you would have to pay to buy a T-bill from a securities…
slightly lower price you would receive if you wanted to sell…
money markets
short-term, marketable, liquid, low-risk debt securities
capital markets
more diverse, longer term, and riskier securities
13 terms
Financial Economics-- Chapter Eleven
Macaulay's duration
modified duration
immunization
rebalancing
A measure of the effective... maturity of a bond, defined as... the…
Macaulay's duration divided... by 1 + yield to maturity.... Measure…
A strategy to shield net worth... from interest rate movements
Realigning the proportions... of assets in a portfolio as... needed
Macaulay's duration
A measure of the effective... maturity of a bond, defined as... the…
modified duration
Macaulay's duration divided... by 1 + yield to maturity.... Measure…
10 terms
Financial Economics-- Chapter Sixteen
intrinsic value
time value
binomial model
Black-Scholes pricing... formula
Stock price minus exercise... price, or the cash flow that... could…
Difference between an... option's price and its intrinsic... value
An option valuation model... predicated on the assumption... that s…
A formula to value an... option that uses the stock... price, the r…
intrinsic value
Stock price minus exercise... price, or the cash flow that... could…
time value
Difference between an... option's price and its intrinsic... value
162 terms
Economics and Financial Literacy Vocabulary
Absolute advantage
Aggregate
Aggressive
Agrarian economy
when a country requires less physical resources than another…
total combination of data from various economic sectors
willing to take higher level of risk in investing
people are mostly farmers
Absolute advantage
when a country requires less physical resources than another…
Aggregate
total combination of data from various economic sectors
16 terms
Financial Economics-- Chapter Seventeen
forward contract
futures price
long position
short position
An arrangement calling for... future delivery of an asset at... an…
The agreed-upon price to be... paid on a futures contract at... mat…
The futures trader who... commits to purchasing the... asset
The futures trader who... commits to delivering the... asset
forward contract
An arrangement calling for... future delivery of an asset at... an…
futures price
The agreed-upon price to be... paid on a futures contract at... mat…
15 terms
Financial Economics-- Chapter Twenty
hedge fund
lock-up period
directional strategy
nondirectional strategy
A private investment pool,... open to wealthy or... institutional i…
Period in which investors... cannot redeem investments in... the he…
Speculation that one market... sector will outperform other... sect…
A position designed to exploit... temporary misalignments in... rel…
hedge fund
A private investment pool,... open to wealthy or... institutional i…
lock-up period
Period in which investors... cannot redeem investments in... the he…
Economic/Financial Vocabulary
political
financial
economic
favourable
stability
assistance
policy
conditions
political
stability
financial
assistance
Financial Economics Quiz 1
Financial Investment
Equities
Dividends
Fixed income securities
purhcase of an asset with goal of having that asset increase…
aka stock, ownership shares in corporations
Income from stocks
bonds, debt
Financial Investment
purhcase of an asset with goal of having that asset increase…
Equities
aka stock, ownership shares in corporations
31 terms
Ch. 17: Financial Economics
economic investment
financial investment
present value
compound interest
- either paying for new additions to the capital stock or new…
the purchase of a financial asset (stock, bond, mutual fund)…
todays value of some amount of money that is to be received s…
the accumulation of money that builds over time in an investm…
economic investment
- either paying for new additions to the capital stock or new…
financial investment
the purchase of a financial asset (stock, bond, mutual fund)…
Year 10 Financial-Economics
Economics
Choice
Needs
Wants
A social science concerned mainly with the production, distri…
A challenge of pursuing the maximum positive benefit with the…
The necessities or basics that allow a person to survive like…
The desires that a person has, even though they do not actual…
Economics
A social science concerned mainly with the production, distri…
Choice
A challenge of pursuing the maximum positive benefit with the…
1 of 10