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)

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

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

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