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What is a depositors?

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Anonymous

10y ago
Updated: 6/15/2022

it is someone who deposits money into a savings account

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Elvis Franecki

Lvl 10
3y ago

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What is owned by its depositors who are paid dividends after all operating costs and fees are paid?

The company is owned by the depositors who are paid dividends after all operating costs and fees are paid. Depositors own stock in the company.


What is a banks responsibility to depositors?

1) protection of money. 2) invest money to productive use. 3) meet depositors need.


People who have money in a bank are called?

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People who have money in a bank are called what?

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What are people that have money in the bank called?

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The banks mediate between those who want to deposit surplus money and those who want money. To the depositors banks give them interest and from the borrowers they charge a higher interest rate. The difference between what they charge from borrowers and what they offer to the depositors is the main source of their income.


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Who owns Astoria Federal Savings and Loan Association?

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Did US depositors lose money in the bank failures during the great depression?

YES. Banks were using depositors' money to invest in the stock market. When the market crashed everything vanished.


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Financial institutions do various things with money that depositors invest. In most cases, the money is reinvested to generate more profits or utilized for development projects.