an option contract that gives the holder the right to buy a certain quantity (usually 100 shares) of an underlying security from the writer of

A prolonged period in which investment prices rise faster than their historical average. (source: http://www.investorwords.com/616/bull_market.html#ixzz2QBTUUqrh)

Person who serves as a trusted agent or intermediary in commercial negotiations or transactions. Brokers are usually licensed professionals in fields where specialized knowledge is

The payment to a broker for a deal carried out. (source: http://www.businessdictionary.com/definition/brokerage.html#ixzz2EeCfg2aG)

October 24, 1929. The day the famous stock market crash of 1929 began, when the stock market began its plummet. (source: http://www.investorwords.com/6745/Black_Thursday.html#ixzz2OCMKFnJU)

A stock certificate which is the property of whoever happens to be in possession of it at any given time. Accordingly, no record of ownership

A prolonged period in which investment prices fall, accompanied by widespread pessimism. (source: http://www.investorwords.com/443/bear_market.html#ixzz2QBVpQUmu)

At par is a term that refers to a bond, preferred stock or other debt obligation that is trading at its face value. The term

Zero-coupon bonds are bonds which do not pay interest payments (also known as coupon payments). The bonds are purchased at a discount from what they