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This is the difference between Income and Expenditure in a non-profit making business, where the income exceeds expenditure

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What are the functions of a financial intermediary?

A financial intermediary is a financial institution focused on connecting 'agents of surplus and deficit'. The most common form is a bank, which collects deposits from people making savings, then turns that into loans for people who need cash right away.


What is the financial term for the opposite of deficit?

Surplus.


What is net loss reserves to surplus ratio?

The net loss reserves to surplus ratio is a financial metric used in the insurance industry to assess the adequacy of an insurer's reserves relative to its surplus. It is calculated by dividing the net loss reserves (the funds set aside to pay future claims) by the surplus (the difference between assets and liabilities). A lower ratio indicates a stronger financial position, suggesting that the insurer has sufficient surplus to cover potential claims, while a higher ratio may signal potential financial strain. Monitoring this ratio helps regulators and stakeholders gauge the insurer's risk management and financial health.


What is the role of financial intermediaries and financial markets in providing capital?

the role of financial intermedieries and financial markets providing the capital is : -chaneling of funds from economic units that have saved surplus of funds to those that have shortage of funds - promote efficiency by producing an efficient allocation of capital, which increases production -mobilization of funds and converting the unprudoctive and liquid savings into the productive investments


A large money supply is called?

A financial surplus perhaps.


What it a nonprofit financial institution?

A nonprofit financial institution is an organization that provides financial services without the primary goal of making a profit. These institutions, such as credit unions or certain community development banks, focus on serving their members or communities by offering services like savings accounts, loans, and other financial products. Any surplus they generate is typically reinvested to fulfill their social mission rather than distributed to shareholders.


What is the difference between reserves and surplus?

A reserve is a planned amount, a surplus is unplanned.


Consumer surplus and producers surplus?

Consumer surplus - the difference between what a consumer is willing to pay and what they actually pay. Aggregate consumer surplus measures consumer welfare. Producer surplus - the difference between what a producer is willing to sell their product for and what they actually receive. Aggregate producer surplus measures producer welfare


What did Marx call me differences between what the workers produce and what they earn?

Marx referred to the difference between what workers produce and what they are paid as "surplus value." This surplus value is captured by the capitalist as profit, leading to exploitation of the workers according to Marx's theory of surplus labor.


What was needed as a surplus to help create trade between cultures?

Crops were needed as a surplus to help create trade between cultures.


What the difference is between deficit or surplus budgets and national debt?

,surplus is when your budget adds up to less than your income, so you have savings left to spend.deficit is the other way around; when you have to spend more than your income, wch is really bad, it literally means you eventually go broke.by jazelle francis


What is customer surplus and producer surplus?

Consumer surplus is the difference between the maximum amount a person is willing to pay for a good and its current market price. Producer surplus is the difference between the current market price and the full cost of production for the firm.