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Flashcards - Banks & Other Financial Intermediaries

Flashcards - Banks & Other Financial Intermediaries
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secondary market
The secondary market, also called the aftermarket, is the financial market in which previously issued financial instruments such as stock, bonds, options, and futures are bought and sold
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mergers and acquisitions
Mergers and acquisitions are transactions in which the ownership of companies, other business organizations or their operating units are transferred or combined
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mergers and acquisitions
Mergers and acquisitions are transactions in which the ownership of companies, other business organizations or their operating units are transferred or combined
secondary market
The secondary market, also called the aftermarket, is the financial market in which previously issued financial instruments such as stock, bonds, options, and futures are bought and sold
Brokerage firms
A brokerage firm, or simply brokerage, is a financial institution that facilitates the buying and selling of financial securities between a buyer and a seller
discount brokerage firm
A discount brokerage is a business that charges clients significantly lower fees than a traditional brokerage firm but without providing financial advice
mutual insurance company
A mutual insurance company is an insurance company owned entirely by its policyholders

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