2

Dividend discount
Model (DDM)
Perpetuity

Price to book value

Price/sales Ratio
(PSR)
Present Value
Approach
Unsystematic Risk

Yield

Volatility

@ A B

38

Variability

EB

39

Point-and-figure
Chart
Relative Strength

A1 &(

40

Indirect Investing

< &(

41

Investment company

( 2

42

Liquidity

D @ A

43

Money Market

B &(

10

Total return (TR)

11

Auction Markets

12

Blue chip stocks

13

Brokers

14

Dealers

15

Dow-Jones Industrial
Average

16

Marketable
Securities
Portfolio

17

19

Portfolio
Management
Risk

20

Risk Averse investor

21

Arbitrage Pricing
Theory (APT)
Capital Asset Pricing
Model (CAPM)

18

22

$ %& '( )
%

'( )

*$

33

Growth industries

"

)* +

34

Industry Life cycle

35

Interest-sensitive
Industries
Standard industrial
classification (SIC)
system
Market Data

1 2( 3 + '( 4 #

36
37

"&

E@ '

&(
(>

<1
?

+
* +D

8 $

E@ '

E@ '

)A "
+

Mutual Funds

2( K

46

Asked price

'/ R ) 5? B

47

5? B )

48

Asset Management
account
Bid price

49

Cash account

50

Discount broker

51

Market Value

52

Security Market Line

(SML)

& ( X-

53

54

P/E Ratio (price-toEarnings Ratio)

Stock Dividend

55

Stock Split

2 ' R

56

Efficient Portfolio

A 5? B

57

Efficient set
(Frontier)
Single-index Model

E@ '
E@ )

<

E@ )

$- B

27

Risk-Adjusted

1 "

28

Differential Return
measure (alpha)
Reward-toVariability Ratio
(RVAR)
Variance

1 &([ ?
EB

+ $ 8$

Municipal bonds

@9

'

( ' *7

45

)
+O

9
U $(V

/ '- .

44

2
'5

N- "
$

D @ '5
< )A "

26

30

)* +

I #

&(9

29

Defensive industries

Market Risk
Premium
Payout Ratio

25

32

:9

'

24

Cyclical industries

5 %& %

Capital Market Line

(CML)
Factor Model

23

31

F '( % B )* +

]+

58
59

Reward-to-Volatility
Ratio (RVOL)

60

Indifference Cure

<
E@ '

2" '> K
L $M

<K

P #

2MB)
+P #

T B

@ A

& ( %&
2( K
82

<

& ( X-

'( )

(1 O 2 )

Y >
2

A (& ) '/ R
N- " 9
EB D

+ '( % B )* +

62

Efficient Market
Hypothesis (EMH)
Expected return

63

Financial assets

64
65

Institutional
investors
Investment

66

Calls

67

Capital Market

68

70

Certificates of deposit
(CDs)
Closed-end
Investment
companies
Convertible securities

71

Under writing

72

Third Market

73

74

Securities and
Exchanges
Commission (SEC)
Secondary Market

75

Program trading

61

69

A &(' >
^$+

1 &(

95
96

Correlation Coefficient

'

&(

97

Covariance

1 `

< @

98

Capital Market Theory

2$A "
)( b

99

Market Portfolio

NaM

2( K

2( K

100

Risk Free Asset

T a

101

Separation Theorem

&(

102

Abnormal Return

103

' +b &(

104

Composite indexes of
general economic
activity
Event study

` A

105

Semi strong Form

4 (D

76

Deep-Discount broker

77

Stop order

78

Short sale

> $ %

79

Market order

80

Margin call

81

Beta

82

Capital gain

'

83

Capital loss

'

84

Expected return

^$+

85

Future value

86

Block Trading

87

Book Value

88

Business risk

89

Characteristic Line

90

Dividends

&(

94

$-

2( K

'+ @ . " 3 +

E@ '

The Multiple Growth

Model
Intrinsic Value (IV)

93

E@ '

2( K

92

<

Two Period Model

Current Market Price

(CMP)
P/E Ratio

E@ '

'

91

_ %&

82 <

O)

'( )

Y >

J$ * < Y >
]+

&(

'

& ( 5? B

D (
&

O1 /
/ :1 &(

*A

< N- "
c$ 5A
' d

&(

' + e"

106

Strong Form

107

Weak Form

108

Efficient Market (EM)

109

Business cycle

110

82

$(

111

Earning per share

(EPS)
Financial statements

112

Internal Growth Rate

5-

D &

113

Return on assets (ROA)

<

1 &(

114
115

Return on equity
(ROE)
Bar Chart

116

Bear Market

$ %&

117

Bull Market

R 9

118

Contrary Opinion

N- " X-

119

Dow Theory

120

Fundamental Analysis

# (

@ A

(% ?

& )

'( % ?
*$/

V %&
8 R# [g

&(

&(

e"

A f > e"
A &(
R '- .
<
<[

2 D *#

" 3+
1 &(

K #1 &(
'5

+
A

h+

&(
B &(

f a ' ^+
' ^+
(

5\

' R

121

Arbitrageurs

122

Black-Scholes Model

123

Call

124

Equity-derivative

125

Exercise (strike)
Price
Hedge ratio

126

128

Risk-Free Rate of
Return
Security analysis

129

Wealth

130

Options

131

Preferred stock

132

Puts

133

Treasury bill

134

Treasury bond

135

Warrant

136

Fourth Market

137
138

Initial public offering

(IPO)
Investment Banker

139

Nasdaq/NMS

140

Negotiated Market

141

Margin account

142

Margin

143

Limit order

144

Full-service broker

145

Geometric mean

146

Dividend
Reinvestment plan

147

Put-Call parity

127

151

Dividend Yield

152

Equity Risk Premium

153

Financial Risk

154

Financial heverage

155

Market Risk

j" B )* +

156

^+

D (1 &(3 +

157

Required Rate of
Return
Discount Rate

" D (3 +

D& ( 4 ( < U $ ( V
" 95(
2

$-

2 & i$ K
(

) )1 "h

' R

158

[ b

159

$- l (

160

The Zero-Growth
Model
The Constant-Growth
Model
Resistance Level

161

Short Interest ratio

$-

162

Support Level

'+ - K

163

Technical Analysis

'+ - '> K

164

Corporate bonds

2( K

5\

'5

&$
2 %

'

+& '+ . (

)( b " 3 +
)
)
e e

Open-end Investment
company

149

Nikkei-Dow jones
Average
Primary Market

150

'

5\

168

Standard deviation

169

Systematic risk

&(

170

Premium

*$/ P #

171

Put

*$/

172

Risk

173

Return relative

174

Realized Return

175

Present value

176

Interest rate options

3 + h 7 & '5

177

Stock-index options

'( % ?
@ A
o7

$-

E@ '

< )A "
&(

178

New York stock

Exchange (NYSE)

+O

- e + N- "

179

'

180

Over-the-counter
(OTC) Market
Private placement

&(

' R

$A " '> K

167

$*

)* +

T B kd

'> /

& ( 8$

kd

> $ %

2( K
(

2( K

<D B
Z \+

'5

$- '@ ( )
2 %

$-

d- - 9
* +1 &(
'$ h \ 1 & (
5 %&

( '5

2
148

)( b

E@ '
-

3+

2 D *#

< T J+

1 &(3 +

Fixed-income
securities
Futures contracts

/
R

&(9

equity securities

T m '

Nasdaq 5

<

166

'

Z
9

165

$- K

1 &(

2 9

2. & (

2( K

$- '@ (
1 2(
$- l (
2 N- "

+ 2 4 (D &
4 (& I - &(
2( K

c- '> /

181

Accounts Payable

182

Acid test Ratio

183

Acquisition

184

Activity Ratios

185

Adjustable Dividends

186

Adjustable Rate of
Preferred Stock

187

Agency Costs

188

Agency Problem

189

$- B

<P #

211

Break-Even Point

+V )* +

212

Business Risk

213

Call Options

< )* +

214

Call Provision

+ -

215

Capital Adequacy

'

216

Capital Asset Pricing

Model (CAPM)

E@ )
'

(95 )
)
(
&$

2 1 "

'(

R 9
$- K

'

217

Capital Budgeting

+ 'm

218

Capital Gain

'

Agency Theory

+ ' ^+

219

Capital Market

'

190

Amortization of Debt

< ( Lg2$

220

Capital Structure

191

Amortization of loan

Lg2$

221

Capital Structuring

192

Annuity

222

Capitalization Ratios

193

Arbitrage

)U $ ( V

223

Carrying Costs

194

Assets

<

224

Cash

195

Assets Turnover

% @

225

196

Auditing

( #

226

Cash Break-Even
Point
Cash Dividend

197

Authorized Shares

M$+ '( & R

227

Cash Flow

198

( #1 &(X $

228

Cash Flow Statement

199

Average Accounting
Return
Balance Sheet

' +&

229

Cash Inflow

200

Bank Loan

e+ (

230

Cash Management

201

Bankruptcy Costs

<' <

231

Cash Outflow

202

Bankruptcy

J$ e"

232

Characteristics Line

203

Baumol Model

204

Beta Coefficient

205

Bird in Hand Theory

206

Bond Rating

207

( &(

< '5
<

J$ e"

233

Clean-up Period

$( Y >

234

Coefficient of Variation

1 + B ' ^+

235

Combined Leverage

( '*

236

Commercial Papers

Book Value

$ %&

237

Commercial Risk

208

Book Weight

$ Y >

238

Common Size
Statements

209

borrowing

239

Common Stock

210

Break Point

240

Compensating Balance

)
'> K

q
% ( 'd +

$) ?A

<' <

'd +

( 'O (
&(

'

$-

'

< $-

E@ '

< )* +
2J+

<' <
+ 'O

'(

'd +
+

+[+ O
+[+ O[
+[+ O
+1 O )
O -

+[+ O
< @p X' ?c 1
[

F Y >

( *A ) A

<

R K
R 9
4

< [
L $M
/ 2
+ *O 1 +

241

Compound

271

Debt Maturity

242

Compound Interest

YA 1 2(

272

Debt-Equity Ratio

243

Compound Rate

YA 3+

273

Declaration Date

244

246

Constant Dividend
Payout Ratio
Contingency
Financial Needs
Conversion

)* +

274

Default Risk

<& +

275

Dependence Theory

276

Depreciation

Lg2$

247

Conversion Period

* 1

277

Detachability

EB

248

Conversion Premium

* Z

278

Discount

249

Conversion Ratio

* )* +

279

Discount Rate

250

Conversion Value

* %&

280

251

Convertible Bond

( '> K

281

Discounted Payback
Period
Diversifiable Risk

252

( &$

282

Dividend

2( K

283

254

Convertible Preferred
Stock
Convertible
Securities
Correlation

J$ * <

284

255

Cost of Capital

' <

285

Dividend Growth
Model
Dividend Irrelevance
Theory
Dividend Payout

256

Cost of Debt

< (' <

286

Dividend Payout Ratio

257

Cost of Good Sold

2(

287

258

Costing

( ' <

288

Dividend Per Share

(DPS)
Dividend Policy

259

Coupon Rate

TB A 3 +

289

Du Pont System

260

Coverage Rate

j" B )* +

290

Early Redemption

261

Credit Line

*$/ X-

291

262

Credit Rate

*$/ '*

292

263

265

Cumulative
Dividends
Cumulative
Preferred Stock
Cumulative Voting

Earning Before
Interest Tax (EBIT)
Earning Before Tax
(EBT)
Earning Dilution

266

Current assets

<

296

Earning Per Share

(EPS)
Economic Order
Quantity (EOQ)
Equity

267

Current Liabilities

< < (

297

Equity Capital

268

Current Ratio

O )* +

298

Eurobonds

269

Debt

< (

299

Eurocurrency

270

Debt Capital

300

Exchangeable Bonds

245

253

264

YA

)( b
s$

'
'$ %

uA1 "

293

R
R &$

< (& 1 "

295

#'

294

< (
'+ e K # '( < ( )* +
g/ r
)- B

/9

J$ ( ' ^+

O
3+

1 "

)M@& ( 1

(P $O ( ) EB t

"
7*

( ' ^+

)- B )* +
$- B
82

<
8

)+ B 8$
/ &
[

& )- B& (
1 2( & *

& *
h
82

<

c$ % ?
'+ e K #
\ & 1 " T
'
'+ e K #
B

'> K
B

' * '> K

&

302

Exercise Price
(Striking Price)
Ex-Dividend Date

303

Exercise Price

304

Exit Strategies

305

Expected Cash Flow

306
307

Expected Rate of
Return
Expense

308

Ex-Right

309
310

External Financial
Resources
External Financing

311

Face Value

312

Facility

313

Factor

314

Factoring

315

Fair Value

316

Finance

317

Financial (Interest)
Expenses
Financial Disclosure

301

318

(1 "

/)
h5

331

/r

332

334

Floating Rate
(Variable Rate)
Forecasting Risk

+[+ O

335

Fund Resources

1 &(3 +

336

Future Value

' <

337

Future Value Interest

Factor
Future Value Interest
Factor for Annuity

)* +
I -

< p $

^$+
^$+

h# D ( r

333

338

(jB9
+1 O

V %&
V %& 1 2( $A
V %& 1 2(

$A

340

Gearing Ratios

<

< )* +

%&

341

<' <

342

General and
Administration
Expenses
Goodwill

343

Gordon Growth Model

)5 /

344

Gordon Model

345

Governmental Bond

346

Gross Profit

347

Gross Profit (Income)

348

[ /g7

349

Historical Rate of
Return
Historical Weight

350

Horizontal Analysis

<

351

Hurdle Rate

<' <

322

Financial Planning

' +(

352

323

Financial Risk

353

Hybrid Financial
Instruments
Income

324

Financial Statements

<[

354

Income Recognition

325

Financial Structure

355

Income Statement

$-

326

Financing

356

Income tax

327

Fixed Assets

)( b

<

357

Incremental Cash Flow

328

Fixed Costs

)( b

<' <

358

Independence Theory

329

Fixed Income
Securities
Fixed Rate

2( K

359

Inflation

)( b 3 +

360

Inflation Premium

330

"3 +

T m

('+ ?c ) Z $ %&

D A

<' <

/)

[g 2

M$+

([

O -

)( b

EB Z d +

Gain

321

320

339

Financial
Information
Financial
Institutions
Financial Leverage

319

)A " & I -

(1 2()

Flexibility and
Liquidity
Floatation Costs

T m

5?
D

@ "
D
$

@
'> K

NN -+
a

1 &(3 +
a

Y >

5\

' R

a
^$+

1 &(3 +

'+ @

<

(
V

V
D &

[
V

5> ?

"
([
+[+ O

g $ ' ^+

361

364

Information
Asymmetry Theory
Initial Public
Offering (IPO)
Institutional
Investors
Intangible Assets

365

Internal Financing

366

Internal Resources

367
368

Internal Rate of
Return (IRR)
Inventory

369

Inventory Turnover

370

Investee

EB '

400

371

Investment

E@ '

401

372

Investment Bank

373

Investment
Opportunities
Schedule (IOS)
Investor

362
363

374
375

/g7 ]+ R

/ ' ^+

391

Market Value

& ( %&

'

/ '> /

392

Market Weight

&(Y >

393

Marketable Securities

394

'

D E@ '

T m

395

Matched and
Unmatched Arbitrage
Maturity

396

Miss-Pricing

5- 1 & ( 3 +

397

Moderate Theory

uA

398

Net Operating Income

Theory
Money Market

2M +

<

55-

uA

O % @

E@ '

E@ '

9+ (

402

<)

403
404

hd

2( K

: hd U $ ( V

X5:

E@ )
'+

N-

' ^+

5 /

' ^+
B &(

Negative Pledge
Clause
Net Income (NI)
Theory
Net Operating Income
(NOI) Theory
Modigliani and Miller
Propositions (I&II)

*5 ' b

"

N-

' ^+

5 /

' ^+

[ ^+

( ' ^+

405

<

406

Nominal Interest

< )* +

407

Non-Current Assets

O :

<

([ 2 ) < < (

408

Non-current Liabilities

O :

< < (

<

409

Liquidation Due to
Bankruptcy

:9

410

Non-Operating Income
(Lose)
Operational Expenses

376

Irrelevance
Proposition
Leverage

377

Leverage Ratios

378

Liabilities

379

Liquid Assets

380

P $O (

381

Non-diversifiable
Risk
Liquidity

382

Liquidity Ratios

383
384

London Interbank
Offered Rate
(LIBOR)
Long Term Debts

385

Long Term Financing

386

Marginal Cash Flow

387
388

Marginal Cost of
Capital
Marginal Costs

389

Market Risk

390

Market Risk
Premium

7*

<
+

Net Present Value

(NPV)
Net Profit (Income)

E@ '

(u ( J

399

N - 5 %&
N1 2(

'( <

%
J$ e"

g\+
7-

5 / : (D &)

411

< )* +

412

e+ ( T ( 3 +

413

5(

< < (

414

Operational Income

5 /

5(

T m

415

Operational Leverage

5 /

+[+ O

416

Operational Profit

5 /

2+ ' <

417

<' <

418

Optimal Capital
Structure
Opportunity Cash

&(9

419

Optimistic

420

Options

J
+

( * u) D

2+
'
2+
&(9

5 /

Operational Cash
Flow
Non-Operational
Expenses

5 /

+[+ O

5 / :

'

<' <

<' <

<

' 2( $)

<' <
'+ ( % -

'5

$- K

421

Outstanding Shares

422

Overvalue

423

Owners Equity

424
425

Paid in Capital in
Excess of Par
Par Value

426

Parity Value (Price)

427

429

Partial Equilibrium
Analysis
Participating
Preferred Stock
Payback Period

430

Payment Date

431

Payout Ratio

432

434

Pecking Order
Theory
Perfect Capital
Market
Perpetual Annuity

435

Personal Income Tax

436

Pessimistic

437

Pledging

438

Portfolio of Securities

439

Preferred Dividend

440

Preferred Stock

441

Premium

442

Present Value
Interest Factor for
Annuity
Present Value

447

Present Value
Interest Factor
Price-Earning Ratio
(P/E)
Prime Rate of
Interest
Private Equity

448
449

428

433

443
444
445
446

450

451

Profitability

E@ %&

452

Profitability Index

453

Profitability Ratios

454

Prospectus

' +

%&

455

Proxy

) %&

456

Proxy Statement

5\

457

Put Options

458

Put Provision

)M@& ( 1

459

Quick Ratio

)- B r

460

Rate of Return

)* +

461

<Y

' ^+

462

Rating Institutions
(Agencies)
Receivable Turnover

A'

&(

463

Record Date

464

Refinancing

([

465

'+ ( (

466

Required Rate of
Return
Reserve

E@ ' b

467

Residual

'/ R

468

470

Residual Dividend
Approach
Residual Dividend
Policy
Restocking Costs

471

Retained Earning

5 %& 1 2( $A

472

Receivable Collection
Period

5 %&

473

Retained Profit/Loss

5 %& 1 2( $A

474

Return

)* +

475

1 2( ' B 3 +

476

c-

h#

477

Return on Assents
(ROA)
Return on Equity
(ROE)
Return on Investment

Private Placement

c- '> /

478

Revenue

Probability
Distribution
Profit

$#

479

Reverse Stock Split

480

Right

1 " M$
)

&j(
Te

h#
2 Z

( ()
Ma(
$A M & $

w 1
ca"

? B)

2( K

&$

469
&$

2
Z

'( )

&

V
V

N- "

< )* +

' $ A
%

$- K
%

$-

( +V)

)* +
1 &(3 +

( '* [
$

<P #% @
)*b 3
R

T v

^$+

1 &(3 +
'$- +

( & )1 +
1 +
&

8
8

(
%

% ?

<' <
'$" *+

<P #

'$" *+ (D &)
1 &(
<

1 &(

'+ e K # 1 & (
E@ '

1 &(
V

2 4e ' R
2

$-

481

Risk

482

Risk Free rate

483

Risk Premium

484

Sale

485
486

Sale and Distribution

Expenses
Scenario Analysis

487

Secured Credits

488

Securities

489
490

Security Market Line

(SML)
Sensitivity Analysis

491

Short Term Debt

492

495

Short Term
Financing
Short Term Loans
and Financial
Facilities
Side Effects of
Project
Signaling Risk

496

Signaling Theory

497

493
494

511

Target Weight

512

Tax

513

Tax Preference Theory

514

Tax Shield

<' <

515

5\

516

Statement of Change
in Financial Position
Taxable Income

1 " T s [ *$/

517

Term Loan

2( K

518

2( K

& ( X-

519

5\

520

Terminal Value or
Exit Value
Straight-Line
Depreciation Method
Total Assets Turnover

1 A < (

521

Trade Credits

T v

522

Trade Payables

523

Stable Dividend Plus

Extra Payout

(1 7 a ) 9
9

D (1 &(3 +
9

&

[
[

1 A

1 A

<

[g 2

Z <Y >
[
k O ' ^+
`
) >

F [
M

[
I - %&
Lg2$

5(
+ B %&

8 $

X- %

uA

O % @
R [ *$/

$- B

<P #

)- B 1 g ( )( b

8
F$

1U B *+ O [ b

524

Trade Receivables

< '+ M+ 9

525

Trade-off Theory

< '+ M+ ' ^+

526

Transaction Loans

Standard Deviation

Z \+

527

Treasury Bills

'+ -

498

Syndicate

528

Treasury Bond

'+ - K

499

' ^+

529

Treasury Stock

'+ - 2

500

Static Trade-off
Theory
Stock Dividend

530

Trend Analysis

501

Stock Premium

531

Underlying Stock

502

Stock Repurchase

-& (

532

Undervalue

503

Stock Split

2 ' R

533

Unsecured Credits

504

Stockholders Equity

534

Unsystematic
(Diversifiable) Risk

505

Straight Debt (Bond)

506

Sunk Costs

507

Striking Price
(Exercise Price)
Subscription Price

508
509
510

Systematic (Nondiversifiable) Risk

Tangible Assets

'+&

(1 O 2 )

2
2 Z
2

2 D *#

K #

535

Valuation

<' <

536

Variable Costs

/)

537

+ 1 EB

538

Variable Income
Securities
Variance

539

Venture Capital

540

Venture Capital
Funds

('> K ) < (
1 " '$a
(1 "

EB + t

$
2M

<

<P #
'+&

' ^+

x - [g

<

5\

1 " 2
)

& $ A

E@ %&

1 " T s [ *$/
t

: 9
EB
E@ %&
F$

F$

<' <
(

2( K
]+

EB d- '
EB d- '

<K

541

Vertical Analysis

542

Voting by Proxies

543

Warrant

544

Weighted Average
Cost of Capital
(WACC)
Weighted Marginal
Cost of Capital
With (Cum) Dividend
Date

545
546

/
D@

5\

547

Working Capital

548

Yield

h#

549

Yield Curve

550

Yield to Maturity

551

Zero Coupon Bond

+h 7&
2

' < D & T J+

'

'

2+ D & ' <

2

h5 r

% @

'
1 &(

1 &(

\
1 &(

TB A D ( '> K