In Aggregate, ____ Are the Most Dominant Depository Institution, with More

question 79

Multiple Choice

In aggregate, ____ are the most dominant depository institution, with more total assets than other depository institutions.

• A)commercial banks
• B)savings banks
• C)credit unions
• D)S&Ls

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Definitions:

Premiums

Payments made regularly to an insurance company for coverage, often monthly or yearly.

Coinsurance Clause

A provision in an insurance policy that determines the percentage of the cost a policyholder is responsible for after the deductible is met.

Insurance Coverage

The amount and type of protection provided by an insurance policy against various risks or damages.

Coinsurance Clause

A provision in insurance policies requiring the policyholder to bear a portion of the costs of a claim, promoting shared risk.