financial markets and institutions

Which is the best description of a 'money market'

• Those people and organisations who want money and the people and organisations who are willing and able to supply money.

• Any place where buyers and sellers come together.

• The exchanges made in an economy for goods and services.

• A financial institution where investors can make deposits.

Payment made for the use of borrowed money is called

• Financial Institution
• Creditors
• Interest
• Secured

Who pays interest on a loan

• a lender
•  a borrower
• a credit union
• a creditor

Banks provide which of the following

• debit cards
• loans
• check writing services
• all of the above

This institution requires you to be a member

• Banks
• Credit Unions
• Savings and Loans
• Payday Loan Company

What is owned by stockholders and operated for profit?

• Commercial Bank

• Mutual Savings Bank

• Credit Union

• savings and loan association

The most common type of bank accounts

• CD's and DDA's
• Mutual Funds
• Money market accounts
• Savings & Checking accounts

A credit union...

• is a financial institution that focuses on taking deposits and using them to fund mortgages.
• is a non-profit institution owned by its members and provides financial services to its members.
• offers a broad range of deposit account and gives loans to individuals and businesses. 
• is a financial institution for students only

Piece of ownership in a company, mutual fund or other investment

• Share/stock

• 401K

• Bond

Persons or institutions to whom money is owed

• Financial Institutions
• Interest
• Creditors
• Collateral