Finance System

.................. stocks or documents represent a claim on the income and property of the borrowers.

• Financial Assets

• savings

• borrowers

...................... are intuitions that channel savings to investors: banks, insurance companies, saving and loan associations, credit unions.

• Financial Assets

• savings

• borrowers

• Financial intermediaries

...................... is a network of savers, investors, and financial institutions that work together to transfer savings to investment use

• Financial Assets

• Financial system

• borrowers

• Financial intermediaries

...................... is a nonprofit service, cooperative that accepts the deposit, makes loans and provide others financial services.

• Credit union

• Pension fund

• Pension

• Premium

...................... regular allowance for someone who has worked a certain number of years reached a certain age or who has suffered from an injury.

• Credit union

• Pension fund

• Pension

• Premium

......................regular allowance for someone who has worked a certain number of years reached a certain age or who has suffered from an injury.

• Credit union

• Pension fund

• Pension

• Premium

...................... fund that collects and invests income until payments are made to an eligible recipient.

• Credit union

• Pension fund

• Pension

• Premium

........................ means to spread your funds over a large various number of investments to reduce the portfolio’s overall risk.

• Consistency

• Simplicity

• Diversification

"Never keep all your eggs in one basket" is termed as __________. overall risk.

• Consistency

• Simplicity

• Diversification

Your own car is an example of financial asset

• True

• False