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Bookmark or Share- 15.3 U.S. Financial Institutions - Introduction to Business - OpenStaxOpenStax. This free textbook is an OpenStax resource written to increase student access to high-quality, peer-reviewed learning materials.
- The types and functions of financial institutions and marketsFinancial institutions are organizations like banks, credit unions, and investment companies that help people manage and grow their money. Financial markets are places where people can buy and sell things like stocks, bonds, and commodities, in order to make investments and trade with each other.
- What Is a Financial Institution? - The BalanceFinancial institutions help intermediate financial transactions between people saving and people spending money. Services that financial institutions may offer include deposit accounts, loans, investments, insurance policies, and foreign currency exchange.
- What Is a Financial Institution? - SmartAssetA financial institution is an entity that engages significantly in finance-related activities. These activities include such easily recognized examples as taking deposits and making loans as well as less-obvious ones like collecting debts and keeping records of consumers’ credit histories.
- Financial Institutions - Meaning, Types, Functions, ExampleFinancial institutions are the economic entities that help individuals and businesses with several financial services, enabling them to deposit, save, invest, and manage their monetary resources.
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