Finance Terms A to D For all Licensing Exams Series 7 Exam and Series 66 Exam

accredited investor -------------------------- 1:05
accumulation stage / unit -------------- 2:57
acid test---------------------------------- 3:39
active management style--------------- 5:07
Act of 1933--------------------------------- 5:54
Act of 1934---------------------------------- 6:42
adjusted basis-------------------------- 8:18
adjusted gross income---------------------- 8:41
Administrator -------------------------- 9:18
adoptions---------------------- 9:57
ADR--------------------------------- 11:12

advertisement--------------------------------- 12:07
agency basis--------------------------------- 12:36
agency cross transaction---------------------- 12:57
agent--------------------------------- 15:03
aggressive investment strategy----------- 16:16
all or none order (AON) ---------------------- 16:22
alpha-------------------------------------------- 18:18
alternative minimum tax (AMT) ----------- 19:29
anti-dilutive covenant---------------------- 20:46
arbitrage--------------------------------- 20:43
arithmetic mean ---------------------- 23:16
ask-------------------------------------------- 23:54
assessable stock--------------------------------- 24:24

asset-------------------------------------------- 25:29
asset class allocation---------------------- 25:47
audited financial statement----------- 26:05
back-end load--------------------------------- 26:31
balanced fund--------------------------------- 27:27
balance of payments---------------------- 28:05
balance of trade--------------------------------- 28:05
balance sheet---------------------- 31:02
bank holding company---------------------- 31:36
basis--------------------------------- 32:41
basis point--------------------------------- 32:48
bear--------------------------------------------- 33:27
bear market------------------------------ 33:27
benchmark portfolio-------------------------- 34:24
beta--------------------------------------------- 18:18
Black-Scholes------------------------------ 34:52
blue-sky laws------------------------------ 35:02
bona fide------------------------------ 35:10
bond--------------------------------------------- 35:39
bond fund------------------------------ 36:00
bond rating------------------------------ 36:21
bond yield------------------------------ 37:11
book value per share-------------------------- 38:11
breadth-of-market theory--------------- 38:48

brochure------------------------------ 39:47
brochure supplement--------------- 39:47
broker-dealer (BD) --------------------------- 41:50
bull--------------------------------------------- 33:27
bull market------------------------------ 33:27
business cycle------------------------------ 42:59
business risk------------------------------ 44:32
bypass trust------------------------------ 44:56
calendar year------------------------------ 45:40
call--------------------------------------------- 46:00
callable bond------------------------------ 46:26
callable preferred stock--------------- 46:52
call date------------------------------ 47:02
call feature------------------------------ 47:18
call provision------------------------------ 47:18
call risk--------------------------------------------- 47:58
capital appreciation--------------- 48:22
capital asset------------------------------ 48:30
capital asset pricing model (CAPM) 48:45
capital gain------------------------------ 49:07
capitalization------------------------------ 49:39
capitalization ratio------------------------------ 49:49
capital loss------------------------------ 50:17
capital market------------------------------ 50:45

capital stock------------------------------ 51:03
capital surplus------------------------------ 51:22
capping------------------------------------------ 51:45
cash account------------------------------ 52:23
cash dividend--------------------------------- 53:07
cash equivalent------------------------------ 54:53
cash flow------------------------------ 54:28
cease and desist order----------------------- 54:54
certificate of deposit (CD) --------------- 53:31
chartist------------------------------ 56:10
Chinese Wall------------------------------ 56:39
churning------------------------------ 57:35
closed-end investment company 58:10
closing purchase------------------------------ 59:10
coincident indicator-------------------------- 59:49
collateral------------------------------ 1:00:54
collateralized mortgage obligation (CMO) 1:01:16
collateral trust bond------------------------- 1:02:00
collateral trust certificate--------------- 1:02:39
commercial paper--------------- 1:02:53
commission------------------------------ 1:03:41
common stock------------------------------ 1:04:35
complex trust------------------------------ 1:05:06
conduit theory------------------------------ 1:06:48

confirmation------------------------------ 1:07:33
constant dollar plan--------------- 1:08:12
constant ratio plan------------------------------ 1:08:49
Consumer Price Index (CPI) --------------- 1:09:07
consumption------------------------------ 1:09:20
contraction------------------------------ 1:09:30
control person------------------------------ 1:10:30
control security------------------------------ 1:11:20
conversion parity------------------------------ 1:11:31
conversion price------------------------------ 1:11:52
conversion ratio------------------------------ 1:11:50
convertible bond------------------------------ 1:11:43
convertible preferred stock--------------- 1:12:32
convexity------------------------------ 1:12:33
cooling-off period------------------------------ 1:13:32
corporate account------------------------------ 1:14:16
corporate bond------------------------------ 1:14:48
corporation------------------------------ 1:15:35
correlation------------------------------ 1:18:23
cost basis------------------------------ 1:19:19
coupon yield------------------------------ 1:19:36
covered security------------------------------ 1:19:58
credit risk------------------------------ 1:20:35
credit spread------------------------------ 1:21:18

cumulative preferred stock--------------- 1:22:41
current assets------------------------------ 1:24:13
current liabilities------------------------------ 1:24:38
current market value (CMV) --------------- 1:25:08
current ratio------------------------------ 1:24:55
current yield------------------------------ 1:25:15
custodial account------------------------------ 1:26:54
custodian------------------------------ 1:27:17
custody----------------------------------------- 1:27:42
customer------------------------------ 1:29:02
customer statement-------------------------- 1:29:11
cyclical industry------------------------------ 1:29:53
dark pool------------------------------ 1:31:28
day order------------------------------ 1:33:56
dealer------------------------------ 1:35:57
debenture------------------------------ 1:36:05
debit spread------------------------------ 1:36:16
debt security------------------------------ 1:37:46
debt-to-equity ratio--------------------------- 1:39:05
default------------------------------ 1:39:59
default risk------------------------------ 1:40:00
defensive industry--------------- 1:40:10
defensive investment strategy 1:41:17
deficiency letter------------------------------ 1:42:04

defined benefit plan-------------------------- 1:43:20
defined contribution plan--------------- 1:43:11
deflation------------------------------ 1:45:33
delta--------------------------------------------- 1:46:36
demand------------------------------ 1:47:33
demand deposit------------------------------ 1:48:12
depreciation------------------------------ 1:48:30
depression------------------------------ 1:49:37
derivative------------------------------ 1:50:01
dilution------------------------------ 1:50:37
directed brokerage--------------- 1:51:57

discount bond------------------------------ 1:52:12
discount rate------------------------------ 1:52:40

discretion------------------------------ 1:53:29

disgorge(ment) ------------------------------ 1:55:47
disposable income (DI) --------------- 1:55:55
distributable net income (DNI) 1:56:08
diversification------------------------------ 1:56:19
diversified common stock fund 1:56:46
dividend------------------------------ 1:57:48

dividend discount model--------------- 1:58:34
dividend exclusion rule--------------- 1:59:23
dividend growth model--------------- 1:59:34