What Do You Mean By Financial Services? Financial services is a broad range of more specific activities such as banking, investing, and insurance. Financial services are limited to the activity of financial services firms and their professionals, while financial products are the actual goods, accounts, or investments they provide. What is financial services and its
What Is An Institution That Helps Channel Funds From Savers To Borrowers Called? A financial intermediary is typically an institution that facilitates the channeling of funds between lenders and borrowers indirectly. That is, savers (lenders) give funds to an intermediary institution (such as a bank), and that institution gives those funds to spenders (borrowers). What
What Is An Unsecured Short Term Debt Instrument Issued By Corporations? What Is Commercial Paper? Commercial paper is a commonly used type of unsecured, short-term debt instrument issued by corporations, typically used for the financing of payroll, accounts payable and inventories, and meeting other short-term liabilities. What is a short term unsecured promissory note issued