TERMS IN BUSINESS FINANCE Flashcards

1
Q

keep prices stable

A

central bank (DEPOSITORY)

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2
Q

pool contributions from members

A

credit unions (DEPOSITORY)

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3
Q

savings and checking accounts,
time deposits, personal loans, credit cards

A

Retail and Commercial Banks (DEPOSITORY)

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4
Q

mutual funds

A

Investment Banks and Companies

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5
Q

govern all bank and set monetary policies

A

central banks (DEPOSITORY)

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6
Q

Online

A

Internet Banks (DEPOSITORY)

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7
Q

buying and selling of short- and medium-term securities

A

Brokerage Firms (NON DEPOSITORY)

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8
Q

buy bonds and offer these to investors

A

Investment Banks and Companies (NON DEPOSITORY)

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9
Q

cover possible financial loss and other risks

A

Insurance Companies (NON DEPOSITORY)

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10
Q
A
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11
Q

facilitate transactions on long-term securities

A

Investment Banks and Companies (NON DEPOSITORY)

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12
Q

collect premium payments

A

Insurance Banks and Companies (NON DEPOSITORY)

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13
Q

connect individual traders and investors

A

Brokerage Firms (NON DEPOSITORY)

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14
Q
A
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15
Q
A
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16
Q

focused on home loans

A

Mortgage Companies (NON DEPOSITORY)

16
Q
A
17
Q

lend money through real property mortgage

A

Mortgage Companies (NON DEPOSITORY)