Define each of the following terms:
a. Spot markets; futures markets
b. Money markets; capital markets
c. Primary markets; secondary markets
d. Private markets; public markets
e. Derivatives
f. Investment banking house; commercial banks; financial services corporations
g. Mutual funds; money market funds
h. Physical location exchanges; over-the-counter market (OTC); dealer market
i. Closely held corporation; publicly owned corporation
j. Going public; initial public offering (IPO) market
k. Efficient markets hypothesis (EMH)
l. Behavioral financ
