MODULE 1-10 (FIN 008 REVIEWER)

Front

a system that allows the exchange of funds between financial market participants such as lenders, investors, and borrowers.

Back

FINANCIAL SYSTEM

Front

allow funds to be allocated, invested, or moved between economic sectors. They enable individuals and companies to share the associated risks.

Back

FINANCIAL SYSTEMS

Front

It is also termed as financial intermediaries because they act as middlemen between the savers and borrowers.

Back

FINANCIAL INSTITUTIONS

Front

are financial intermediaries that lend money to borrowers to generate revenue and accept deposits. They are typically regulated heavily, as they provide market stability and consumer protection.

Back

BANKS

Front

Is a company/institution that engage in financial services or monetary transactions such as investment, deposits, savings, loans, retirement funds, insurance, foreign exchange currency, etc.

Back

BANKING & FINANCIAL INSTITUTION

Front

facilitate financial services like investment, risk pooling, and market brokering. They generally do not have full banking licenses.

Back

NON-BANK FINANCIAL INSTITUTIONS

Front

are markets in which securities, commodities, and fungible items are traded at prices representing supply and demand.

Back

FINANCIAL MARKETS

Front

generally refers to new issues of stocks, bonds, or other financial instruments. The primary market is divided in two segment, the money market and the capital market.

Back

PRIMARY MARKET

Front

refers to transactions in financial instruments that were previously issued.

Back

SECONDARY MARKET

Front

are tradable financial assets of any kind. They include money, evidence of ownership interest in an entity, and contracts.

Back

FINANCIAL INSTRUMENTS