Examlex
You can merge a(n) ____ database with a Word letter to produce a series of individually addressed form letters.
Financial Institutions
Financial Institutions are organizations such as banks, credit unions, and insurance companies that provide a wide range of financial services including deposits, loans, investments, and currency exchange.
Federal Funds Rate
The borrowing cost at which financial institutions lend and borrow federal funds (reserves at Federal Reserve Banks) from each other overnight.
Interest Rate
Interest rate is the proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.
Fractional-reserve Banking
A banking system where banks hold only a fraction of their deposits in reserve, lending the rest to generate profits.
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