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Is money stolen from an ATM covered by home owners insurance?

No, Money stolen from your Financial Institution is covered by your Financial Institution


How is a futures account protected?

Futures are generally protected from a financial institution from becoming insolvent from clearly defining what the financial institution's money is and what their client's money is. The FDIC also insures money.


How does it cost money to hold money?

By not keeping your money in a financial institution you are not earning interest on it while it sits their vice sitting in your hand


When a bank or financial institution lends an person money what is it called?

a loan


Which financial institution originated from a money dealers bench or table?

Banks


Which financial institution originated from a money dealers bench?

lloyds tsb


What is financial system?

Financial system is a system used by organizationÕs management to exercise financial control and accountability. It allows transfer of money between savers and borrowers.


Which financial institution oiriginated from a money dealers bench or table?

the stock market


What does lender of last resort mean with respect to the federal reserve?

it lends money to banks or anyother 'institution' in financial difficulty.


What are Reasons for moral hazard in financial institution?

It's when somebody has your money but isn't responsible for it.


What term refers to money that a person owes to someone or to a financial institution?

personal debt


How are savers and borrowers linked through a financial institution?

Savers and borrowers are linked through financial institutions, which act as intermediaries that facilitate the flow of funds between them. Savers deposit money into accounts, earning interest, while financial institutions pool these deposits to provide loans to borrowers, who pay interest on the borrowed amount. This process not only helps savers earn returns on their funds but also enables borrowers to access the capital needed for various purposes, such as purchasing a home or financing a business. Ultimately, this system promotes economic growth by efficiently allocating resources within the economy.