procedure for financial_research

May 28th, 2015
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Academy of Art University
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DEFINITION Financial Institutions:- 1. “A financial institution is an institution that provides financial services for its clients or members act as financial intermediaries”. 2. “Institution which collects funds from the public and places them in financial assets, such as deposits, loans, and bonds, rather than tangible property”.

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MEANING Financial institutions provide means and mechanism of transferring resources from those who have an excess of income over expenditure to those who can make productive use for the same.DEFINITIONFinancial Institutions:-1. A financial institution is an institution that provides financial services for its clients or members act as financial intermediaries.2. Institution which collects funds from the public and places them in financial assets, such as deposits, loans, and bonds, rather than tangible property.In financial economics, a financial institution is an institution that provides financial services for its clients or members. Probably the most important financial service provided by financial institutions is acting as financial intermediaries. Most financial institutions are highly regulated by government bodies. Broadly speaking, there are three major types of financial institution:1. Deposit -taking institutions that accept and manage deposits and make loans (this category includes banks, credit union, trust companies and mortgage loan companies);2. Insurance companies and pension funds; and3. Brokers, underwriters and investment fund.WHAT ARE THE MAJOR FUNCTIONS OF FINANCIAL INSTITUTIONS? Financial institutions, which are immensely important to the smooth functioning of a society have certain functions of their own, which accentuates their role in the society, consolidating their significance to an extensive extent.

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