TERMS IN BUSINESS FINANCE Flashcards
keep prices stable
central bank (DEPOSITORY)
pool contributions from members
credit unions (DEPOSITORY)
savings and checking accounts,
time deposits, personal loans, credit cards
Retail and Commercial Banks (DEPOSITORY)
mutual funds
Investment Banks and Companies
govern all bank and set monetary policies
central banks (DEPOSITORY)
Online
Internet Banks (DEPOSITORY)
buying and selling of short- and medium-term securities
Brokerage Firms (NON DEPOSITORY)
buy bonds and offer these to investors
Investment Banks and Companies (NON DEPOSITORY)
cover possible financial loss and other risks
Insurance Companies (NON DEPOSITORY)
facilitate transactions on long-term securities
Investment Banks and Companies (NON DEPOSITORY)
collect premium payments
Insurance Banks and Companies (NON DEPOSITORY)
connect individual traders and investors
Brokerage Firms (NON DEPOSITORY)