Fin310 Week 1 Individual
Business and Management
Submitted By BJC77
------------------------------------------------- University of Phoenix Material
Define the following terms using your text or other resources. Cite all resources consistent with APA guidelines.
Term | Definition | Resource you used | Time value of money | The idea that money available at the present time is worth more than the same amount in the future due to its potential earning capacity. | http://www.investopedia.com/terms/t/timevalueofmoney.asp | Efficient market | | | Primary versus secondary market | Primanry Market - The primary market is where securities are created. It's in this market that firms sell new stocks and bonds to the public for the first time.Secondary Market- The secondary market is what people are talking about when they refer to the "stock market". | http://www.investopedia.com/articles/02/101102.aspPreviously issued securities are traded. | Risk-return tradeoff | The principle that potential return rises with an increase in risk. | http://www.investopedia.com/terms/r/riskreturntradeoff.asp | Agency (principal and agent problems) | Conflicts of interest and moral hazard issues that arise when a principal hires an agent to perform specific duties that are in the best interest of the principal but may be costly, or not in the best interests of the agent. | http://www.investopedia.com/terms/p/principal-agent-problem.asp | Market information and security prices and information asymmetry | A situation in which one party in a transaction has more or superior information compared to another. | http://www.investopedia.com/terms/a/asymmetricinformation.asp | Agile and lean principles | Lean and Agile is the philosophy and toolkit to continuously enhance the customer value of your products, to improve the way you make them and to develop your team members, taking a long term view. |…...