Primary market issues new securities for companies and governments. Secondary market trades existing securities between investors. Secondary market includes organized exchanges and over-the-counter trading
Average nurse salary reached $94,480 annually in 2024. Salary increased 5.7% annually from 2022-2023. Median hourly wage increased from $37.31 to $41.38
Downgrade is a negative change in analyst's stock performance rating. Analysts provide buy, hold, or sell ratings to clients. Downgrades occur due to unexpected negative company events. Downgrades typically lead to lower stock prices
Present value is the current worth of future cash flows. Based on time value of money principle. Helps investors evaluate investment value and choose between options
Investment grade indicates low default risk for municipal or corporate bonds. Ratings use letters "A" and "B" to indicate credit quality. AAA/AA and A/BBB are considered investment grade. Bonds below BB/B/CCC are considered junk bonds
Principal is the original amount borrowed or invested in financial transactions. Term means "first in importance" in Latin. Serves as foundation for calculating interest and returns