PREVFinLit1 - IG (80p Protected Preview)

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Treasuries

notes and bonds issued by the U.S. Department of the Treasury. a financial market where securities are bought and sold. NYSE; the world’s largest stock exchange, by volume and value.

stock exchange

New York Stock Exchange

NASDAQ

a global electronic exchange for buying and selling securities primarily within the technology (IT) sector. SEC; the U.S. government agency that regulates the securities markets to protect investors. a payment made by a corporation to shareholders as a distribution of its profits.

Securities and Exchange Commission

dividend

coupon rate

the interest rate on a bond.

default

failure to make a payment when and as due.

ticker symbol

a combination of letters that identify a specific stock on an exchange; also called stock symbol

PRODUCT PREVIEW

Lesson Objectives By the end of this lesson the student will be able to: 1. Compare debt and equity securities. 2. Explain the origin of stock. 3. Relate the history of Wall Street. 4. List the five largest stock markets in the world. 5. Summarize the key responsibilities of the U.S Securities and Exchange Commission.

SLIDE 14F

Gaining Attention Buy, buy! Sell, sell! What is Wall Street?

SLIDE 14G

A. An iconic American street. B. Home to DiCaprio’s “Wolf” C. The New York City financial district where stock exchanges, many banks, and investment companies are headquartered; D. All of the above If you answered D you are correct. Wall Street is an actual street. It is located in the financial district in New York City. Stock exchanges and numerous powerful banks and investment companies are located or headquartered there. Wall Street is ground zero for global commerce and capitalism. In addition to The Wolf of Wall Street, it has served as the backdrop or theme for many movies, including Trader, The Smartest Guys in the Room, Wall Street, The Bonfire of the Vanities, Margin Call, Arbitrage… The first inauguration of George Washington as President took place on Wall Street in 1789.

Lesson 14 | Who Put the Wall in Wall Street? 260

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