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Department
Management (MGT)
Course
MGTA02H3
Professor
Chris Bovaird
Semester
Winter

Description
Chapter 9- Understanding Securities and Investments SECURITIES MARKETS -securities: stocks and bonds (which represent a secured-asset-based claim on the part of the investors) that can be bought and sold -stockholders have claim on some of a corporations assets, because each share represents part ownership -bonds represent financial claims for money owned to holders by a company -bonds are sold to raise long-term funds -the market where stocks and bonds are called securities markets Primary and Secondary Markets for Securities -primary securities market: the sale and purchases of newly issued stocks and bonds by firms or government -new sec
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