Banking & Financial Systems

Can you name the Banking & Financial Systems Terms??

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Those that obtain funds from the public and use them to finance their business
The difference between what a bank pays in interest and what it receives in interest
What does ATM stand for?
a cash obligation
Four main functions of a bank
A banks liabilites exceed its _______.
credit, debit, or other types of cards that have embedded microchips
An insurance copmany is a ________ intermediary.
Loosening of government control
An agreed-upon system for measuring value of goods and services
Are there more or less commercial banks today than 20 years ago?
anything of value
FOMC stands for?
The central bank of the United States

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60 Miscellaneous Jul 7, 2010

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