Introduction Flashcards
1
Q
Primary Markets
A
When company/ Govt raises money by issuing for first time
2
Q
Secondary Markets
A
Trading of existing securities between Investors
3
Q
Capital Markets
A
Long - term securities (More than 1 year)
e.g. Shares/Bonds
4
Q
Money Markets
A
Less than 1 year to maturity
e.g. Cash
5
Q
Lenders
A
Have Money
Individuals
Companies
6
Q
Borrowers
A
Need money
Individuals
Companies (Issue shares + bonds)
Governments (Issue Bonds)
7
Q
Core Function Financial services
A
- Investment Chain
- Risk Management
- Payment Systems
x Wealth creation
