Stock Exchange
Commerce SSS3 First Term
WEEK 7
Stock Exchange
Performance Objectives
The student should be able to:
1. Explain the meaning of stock exchange
2. State the functions of stock exchange.
Content
Meaning of Stock
Exchange Stock exchange is a specialized market for buying and selling of securities. These securities are shares and stock which represent ownership interests in businesses, debentures and government bonds. This is a market where those who are interested in purchase of securities are brought into contact with the sellers.
Importance of Stock Exchange
1. An avenue for raising capital: Companies and governments raise capital through stock exchange.
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- Consumer protection
- Business documents
- Terms of trade/sales
- Means of payment
- Commercialization
- Capital market
- Commerce SSS3 First Term Mid-Term Assessment
- Test
- Stock Exchange
- Stock Exchange II
- Stock Exchange III
- Economic Grouping
- Niger Basin Commission
- Lake Chad Basin Commission
- Commerce SSS3 First Term Final Assessment
- Test
- Chapters 14
- Category SSS3
- Author ClassNotes Edu
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