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Business, 19.09.2019 16:10 smilequi9653

Match (by number) each financial intermediary with its description: financial intermediary commercial bank nothing description 1. these financial institutions are very small cooperative lending institutions organized around a particular group: union members, employees of a firm, and so forth. they acquire funds from deposits called shares and primarily make consumer loans. 2. these intermediaries raise funds by selling commercial paper (a short-term debt instrument) and by issuing stocks and bonds. they lend these funds to consumers and to small businesses. 3. these financial intermediaries raise funds primarily by issuing checkable deposits, savings deposits, and time deposits. they then use these funds to make commercial, consumer, and mortgage loans and to buy u. s. government securities and municipal bonds. 4. these depository institutions obtain funds primarily through savings deposits (often called shares) and time and checkable deposits. in the past, these institutions were constrained in their activities and mostly made mortgage loans for residential housing. 5. these financial intermediaries acquire funds by selling shares to many individuals and use the proceeds to purchase diversified portfolios of stocks and bonds.

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Match (by number) each financial intermediary with its description: financial intermediary commerc...

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