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Home > Flashcards > Finance > Finance 1000
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Details
Title: Finance 1000
Description: Ch. 1
Total Flash Cards: 6
Created: 01/18/2007 17:24:55
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Cards
Term
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Definition
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a security representing debt of the issuer
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Term
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Definition
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a financial institution that accepts deposits and makes loans
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Term
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Definition
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a financial institution that is owned by its members. Members finance the credit union by making deposits, and the credit union extends loans to its members.
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Term
| deposityory financial institution |
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Definition
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raises funds by accepting deposits from customers
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Term
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funds that owners have invested in their business
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Term
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Definition
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a financial institution that extends loans to its customers and, unlike banks, savings, institutions, and credit unions, does not receive funds by taking deposits. Finance companies usually raises funds directly from investors.
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