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Vocabulary flashcards covering key stock market concepts from the notes.
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Stock
A certificate of ownership in a corporation; a security issued by a company to raise funds, representing ownership in the firm.
Shares
The portions of stock issued by a corporation; each share represents a unit of ownership.
Dividends
A portion of a corporation's profits paid out to shareholders.
Capital Gains
Profit from selling a stock for more than its purchase price.
Capital Gains Tax
Tax on realized capital gains; 15% rate as stated in the notes.
Capital Loss
Loss incurred when selling a stock for less than its purchase price.