Create a list of definitions for the following terms and identify their roles in finance.  Finance, Efficient market, Primary market, Secondary market, Risk, Security and  Stock.

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Finance: The management of money and investments, typically by a professional.

Efficient Market: A market in which all available information is reflected in the prices of securities.

Primary Market: The market where new financial securities such as stocks are first issued and traded.

Secondary Market: The market for trading previously-issued financial securities; includes activities such as buying, selling, and exchanging existing instruments among investors.

Risk: The potential for loss or damage resulting from an investment or activity.

Security: Any asset that has value and can be converted into cash; examples include stocks, bonds, mutual funds, commodities etc.

Stock: Part ownership of a company represented by shares that have been bought on the stock exchange; these entitle holders to dividends if declared and voting rights at shareholders’ meetings.