Essential Concepts in Banking`
- Created by: Fez_xx
- Created on: 24-03-19 18:49
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Clues
- ---- institutions are financial intermediaries that acquire funds at periodic intervals on a contractual basis (11, 7)
- A short-term debt instrument issued by well-knows corporations is called (10, 5)
- Banks can lower the cost of information production by applying one information resource to many different services. This process is called (9, 2, 5)
- Reducing risk through the purchase of assets whose returns do not always move together (15)
- Securities are---for the person who buys them, but are --- for the individual or firm that issues them (17)
- The price paid for the rental of borrowed funds (usually expressed as a percentage of the rental of $100 per year) is commonly referred to as the (8, 4)
- The primary liabilities of depository institutions are (8)
- The primary purpose of deposit insurance is (7, 7, 6)
- The time and money spent in carrying out financial transactions are called (11, 5)
- When an investment bank---securities, it guarantees a price for a corporation's securities and then sells them to the public (11)
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