unit 9

are financial institutions that accept deposits and make loans.

The business activity of accepting and safeguarding money owned

by other individuals and entities, and then lending out this money in order to earn

a profit.

a type of financial intermediary

and a type of bank. It is a bank that provides checking accounts, savings

accounts, and money market accounts and that accepts time deposits. It raises

funds by collecting deposits from businesses and consumers via checkable

deposits, savings deposits, and time (or term) deposits. It makes loans to

businesses and consumers. It also buys corporate bonds and government bonds.

Its primary liabilities are deposits and primary assets are loans and bonds.

a financial institution that deals

with raising capital, trading in securities and managing corporate mergers and

acquisitions.

a financial institution

primarily engaged in offering financial services and advice to corporations and

wealthy individuals on how to use their money

participates in many kinds of banking

activities and is both a Commercial bank and an Investment bank.

a financial institution, owned by its

members, that offers banking and other financial services, especially mortgage

lending.

formed by two or more

central governments to promote economic development for the member

countries.

offered to customers

who desire to write checks against their account

accounts continue to attract savers with a small

amount of funds, as such accounts often have no required minimum balance.