Securities bingo

Exercise and reference answers

Clues and terms

1. Clue

   A slice of ownership.

   Item

   Common stock

2. Clue

   Dividend fixed at issue.

   Item

   Preferred

3. Clue

   What the issuer borrowed.

   Item

   Principal

4. Clue

   Paid on a set schedule.

   Item

   Interest

5. Clue

   City or state issues it.

   Item

   Municipal

6. Clue

   Brand new securities.

   Item

   Primary mkt

7. Clue

   Investors trade old ones.

   Item

   Secondary

8. Clue

   Pools many investors.

   Item

   Mutual fund

9. Clue

   Sells its receivables.

   Item

   Factoring

Instructions

Read each clue and tap the term it describes.

Explanation