Examlex
Which of the following abbreviations means label as follows?
M1
M1 is a category of the money supply that includes physical currency and coin, demand deposits, traveler's checks, and other liquid funds.
Nondepository Financial Institution
Institutions that do not accept traditional demand deposits but instead offer financial products such as mutual funds, insurance, and securities.
Insurance Company
A financial institution that provides coverage, compensating financial losses during events like accidents, theft, or natural disasters, in exchange for premiums.
Pension Fund
A type of investment pool established for the purpose of managing and investing collected retirement savings for members.
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