Financial system

Question 1

framework for describing set of markets, organizations, and individuals that engage in the transaction of financial instruments (securities), as well as regulatory institutions.

Answer 1

Financial system

Question 2

channeling of funds within the different units of the economy – from surplus units to deficit units for productive purposes.

Answer 2

basic role of FS

Question 3

real or a virtual document representing a legal agreement involving some sort-of monetary value.

Answer 3

Financial Instruments

Question 4

Financial instruments can be _____

Answer 4

Cash, share, bond

Question 5

broad term describing any marketplace where buyers and sellers directly participate in the trade of assets. having transparent pricing, basic regulations on trading, costs and fees, and market forces determining the prices of securities that trade.

Answer 5

Financial market