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Sunday, May 17, 2009

Business Vocabulary, Class 05/11/09

to buy in bulk - to purchase items in mass, a large quantity or volume


date of expiration - when the date on which an option, right or warrant expires, and becomes worthless if not exercised.

at par - the sale of a security, typically a bond, at a price equal to its face value

bear market - A prolonged period in which investment prices fall, accompanied by widespread pessimism.

money laundering - is a process whereby the origin of funds generated by illegal means is concealed (drug trafficking, gun smuggling, corruption, etc.

promissory note - document signed by a borrower promising to repay a loan under agreed-upon terms. also called note

stock dividend - a portion of the net earnings of a corporation paid to the corporation's stockholders of record, with the payment consisting of additional shares of stock or cash.

endorsement - An owner's signature that serves to transfer the legal rights to a negotiable certificate to another party, as on a check

abaft - toward or at the stern : aft

abase - to lower in rank, office, prestige, or esteem

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