Using the the description or the definition below, identify each of the key terms and concepts presented in this chapter
a. The number of new financial services being offered today is growing rapidly.
b. Financial firms become more and more alike in their service menus and all offer broader service menus over time.
c. Smaller financial firms increasingly are being combined into larger financial firms.
d. The pooling of loans and issuing securities for public sale based on the expected cash flows out of the loan pool.
e. Federal law permitting banks, insurance companies and security firms to merge into consolidated financial firms.

Question

Using the the description or the definition below, identify each of the key terms and concepts presented in this chapter
a. The number of new financial services being offered today is growing rapidly. 
b. Financial firms become more and more alike in their service menus and all offer broader service menus over time. 
c. Smaller financial firms increasingly are being combined into larger financial firms. 
d. The pooling of loans and issuing securities for public sale based on the expected cash flows out of the loan pool. 
e. Federal law permitting banks, insurance companies and security firms to merge into consolidated financial firms.

Quizplus · Accepted Answer

The Answer of Using the the description or the definition below, identify each of the key terms and concepts presented in this chapter
a. The number of new financial services being offered today is growing rapidly. 
b. Financial firms become more and more alike in their service menus and all offer broader service menus over time. 
c. Smaller financial firms increasingly are being combined into larger financial firms. 
d. The pooling of loans and issuing securities for public sale based on the expected cash flows out of the loan pool. 
e. Federal law permitting banks, insurance companies and security firms to merge into consolidated financial firms.

Using the The Description or the Definition Below, Identify Each