Ch $01$: Assignment $-$ An Overview of Financial Management and the Financial Environment

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$10.$ Financial institutions

Several market participants interact in developed markets to organize the exchange of funds from buyers to sellers. Such institutions as investment banks, commercial banks, financial services corporations, credit unions, pension funds, life insurance companies, mutual funds, exchange traded funds, hedge funds, and private equity companies play a key role in facilitating these transfers.

Identify the financial institution based on each description given in the following table:

Description

Financial Institution

These are organizations that invest in equity capital that is not traded in public exchanges.

They are owned by members so that members can share funds among themselves.

Members who save deposit the funds. These funds are then loaned to members who need the funds.

These government$-$chartered institutions accept deposits from savers and use the pool of deposits to provide loans, usually fixed$-$rate mortgages, to borrowers.

Continue without saving