financial markets Flashcards
1
Q
what is a financial market
A
-where buyers and sellers trade financial assets
2
Q
visual example of financial markets
A
-finaical markets in the middle
-meets lender (saver/investors) and borrowers (individuals, firms government)
-lenders to bond markets/stock markets
or intermediaries: commercial banks, investment banks, pension/hedge/mutual funds
-hgiher interest charged than rate of return to make profit