What generally refers to the buying and holding of shares of stock in anticipation of income?

The correct answer is equity because it refers specifically to ownership in a company or corporation through the purchase of stocks. When individuals buy shares of stock, they are essentially purchasing a piece of the company and are entitled to a portion of its profits, typically in the form of dividends, thereby anticipating income from their investment. The strategy of buying and holding shares is often used by investors who believe that the value of the company will increase over time, which can lead to both income and capital appreciation.

While bonds represent loans made to entities that pay interest to the bondholder, they do not involve ownership in a company and are therefore not directly related to the concept of buying shares for income. A monopoly refers to a market structure where a single seller dominates the market, which does not pertain to owning shares of stock. Liabilities are financial obligations or debts that a company owes to others; in the context of investments, they do not relate to the act of buying and holding stock for income. Thus, equity stands out as the most accurate term for the buying and holding of shares of stock in anticipation of income.