103 年 - TOEIC單字測驗 83. Basic Investment Types#21525
1.1 Common shareholders have the right to elect directors, to vote on certain corporate matters, and to share in
any ....... assets of the company if it is wound up.
2.2 Common shareholders are the last to claim assets in cases of ........
3.3 Preferred shareholders may have no voting rights, but special features on redemption or ....... of preferred
shares into common shares exist in many cases.
4.4 U.S. Savings Bonds are backed by the general credit and taxation powers of the federal government, so there
is virtually no risk of ........
5.5 A bond is a loan by an investor to the government or a company, which generally promises to pay a specified
rate of interest and to repay a certain amount, the ....... value of the bond, at maturity.
6.6 Certificates of Deposit (CDs) are short-term, interest-bearing savings certificates issued by banks or brokers,
bearing a maturity date and a specified interest rate; they can be issued in any ........
7.7 Money-market mutual funds (MMMF) pool money from large numbers of investors and use it to buy short-term
investments, such as T-Bills and commercial ........
8.8 The returns on mutual funds depend on the fund's investment objectives, described in its ......., and its success
in achieving them.
(A) articles of incorporation
9.9 ....... funds are much like mutual funds, but shares are not issued or redeemed on an ongoing basis; a set
number of shares are issued and then listed on an exchange for trade among investors.
10.10 Options give the holder the right to buy ('call' option) or sell ('.......' option) a security at a specific price for a
specific period of time.