unit 7

the process of transferring sums of money from

economic agents with surplus funds to economic agents that would like to utilize

those funds.

A financial firm, such as a bank, that borrows

funds from savers and lends them to borrowers.

loan backed by real property in the form of buildings and houses

debt security created by pooling together a

group of mortgage loans

the institutions accept deposits from individuals and

then lend pooled deposits to firms, governments, and individuals

obtain funds

through long-term contractual arrangements and invest these funds on the capital

markets - faciliate financial market

trades between buyers and sellers for a fee.

financial insitutions that faciliate financial market trades

between buyers and sellers for a fee.

assist individuals to purchase new or existing securities

issues or to sell previously purchased securities

organizations that make loans directly to individuals and

businesses.

A financial firm that serves as a financial intermediary

by taking in deposits and using them to make loans