#Major financial institutions in the US economy-- commercial banks, savings and loans, credit unions, savings banks, insurance companies, mutual funds, and pension funds. #Financial markets-- forums in which suppliers of funds and demanders of funds can transact business directly. #Private placement-- the sale of a new security issue, typically bonds or preferred stock, directly to an investor or group of investors. #Public offering-- the nonexclusive sale of either bonds or stocks to the general public. #Primary market-- financial market in which securities are initially issued; the only market in which the issuer is directly involved in the transaction. #Secondary market-- financial market in which pre-and securities (those that are not new issues) are traded. #Money market-- a financial relationship created between suppliers and demanders of short-term funds marketable securities-- short-term debt instruments, such as U.S. Treasury bills, commercial paper, and negotiable certificates of deposit issued by government, business, and financial institutions, respectively. #Federal funds-- led transactions between commercial banks in which the Federal Reserve banks become involved. #Euro currency market-- international equivalent of the domestic money market. #London Interbank Offered Rate (LIBOR)-- the best rate that is used to price all Eurocurrency loans. #Capital market-- a market that enable suppliers and demanders of long-term funds to make transactions. #Bond-- long-term debt instrument used by businesses and government to raise large sums of money, generally from a diverse group of lenders. #Preferred stock-- a special form of ownership having a fixed periodic dividend that must be paid prior to payment of any dividends to common stockholders. #Securities exchanges-- organizations that provide the marketplace in which firms can raise funds through the sale of new securities and purchasers can resell securities (often miss labeled stock markets). #Organized securities exchanges-- tangible organizations that act as secondary markets were outstanding securities are resold. #(New York Stock Exchange (NYSE), American Stock Exchange (AMEX) -- regional exchanges Chicago Stock exchange and Pacific exchange). #Over-the-counter (OTC) exchange-- an intangible market for the purchase and sale of securities not listed by the organized exchanges. #Eurobond market-- the market in which corporations and governments typically issue bonds denominated in dollars and sell them to investors located outside the United States. #Foreign bond-- bond that is issued by a foreign corporation or government and is denominated in the investors from currency and sold in the investors how market. #International equity market-- a market that allows corporations to sell blocks of shares to investors in a number of different countries simultaneously.