MATCHING
Complete the following using the terms listed.
-_____ refer(s)to the largest and probably most important financial institutions in the United States and in most other countries as well.
A)bonds
B)commercial banks
C)NASDAQ
D)credit unions
E)financial system
F)common stock
G)insider trading
H)secondary markets
I)securities
J)New York Stock Exchange
K)online banking
L)limit order
M)debentures
N)primary market
O)net savers

Question

Quizplus · Accepted Answer

Commercial banks are the largest and most important financial institutions in the United States and other countries.

Answer: E 
 The financial system refers to the network of financial institutions, markets, and assets that facilitate the flow of funds between savers and borrowers.

Answer: J 
 The New York Stock Exchange (NYSE) is one of the largest and most well-known stock exchanges in the world.

Answer: K 
 Online banking is a service provided by commercial banks that allows customers to manage their accounts and conduct transactions through the internet.

Answer: N 
 The primary market is where new securities, such as stocks and bonds, are issued and sold to the public for the first time.

Answer: O 
 Net savers are individuals or entities who save more money than they spend, thereby increasing the pool of funds available for investment by financial institutions.

MATCHING Complete the Following Using the Terms Listed