Finnancial Markets Flashcards
1
Q
Money market?
A
Short term finance - debt and treasury bills
2
Q
Capital market
A
Long term/ medium - bonds and shares
3
Q
Primary capital market
A
When nee securities issued - bonds and shares
4
Q
Secondary capital market
A
Already issued shares and bonds traded
5
Q
Commercial bank
A
Retail bank - households - mortgages, savings, loans etc
6
Q
Investment bank
A
Bank dealing with larger firms - raising finance etc capital