NEU ra.nosh2 A. What does each of the following definitions refer to (max 3 words each): (10) 1. It is the current commitment of money or other resources in the expectation of reaping future benefits. (Investment) 2. It refers to putting money aside for future use and not using it, thus involving low risk and low returns (Saving) 3. An act of trading an asset, or conducting transactions that has significant risk of losing most or all of initial outlay, in expectation of substantial gain. (Speculation) 4. They represent the productive capacity, ie can be used to produce goods and services (Real assest) 5. They are claims to the income generated by real assets or claims on income from the government.(financial assets) 6. The financial market for longer term debt (generally those with maturities greater than one year) and equity (common stock). (capital market instruments