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Financial markets bingo

Exercise and reference answers

Clues and terms
  1. Clue
    Short term, very low risk.
    Item
    Money market
  2. Clue
    Sells fast without loss.
    Item
    Liquidity
  3. Clue
    Default risk free, auctioned.
    Item
    T bill
  4. Clue
    Basket that trades like a share.
    Item
    ETF
  5. Clue
    Screen deals, no broker.
    Item
    OTC
  6. Clue
    Market for new securities.
    Item
    Primary
  7. Clue
    Market for used securities.
    Item
    Secondary
  8. Clue
    Stock offered to public first.
    Item
    IPO
  9. Clue
    Cash raised before the business.
    Item
    SPAC
Instructions
Read each clue and tap the term it describes.

Explanation

_Source: OpenStax Principles of Finance, Chapter 12, US Financial Markets._
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