The term “___________________” in financial markets refers to any instrument or contract that derives its value from another underlying asset, instruments or contracts.
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A _____________is a market for securities (debt or equity), where business enterprises (companies) and governments can raise long-term funds.
A. money market
B. capital market
______________ are securities that represent a debt owed by the issuer to the investor.
A. Mutual Fund
B. Mortgages
C. Stocks
D. Bonds
The primary issuers of capital market securities are________________________________________.
A. central government
B. local government
C. corporations
D. households