Any Business That Takes Place by Digital Processes Over a Computer

question 34

Short Answer

Any business that takes place by digital processes over a computer network rather than in physical space refers to ____________________.

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Definitions:

Capital Market

A financial market in which long-term debt (over a year) or equity-backed securities are bought and sold.

Federal Reserve Bank

The central banking system of the United States, responsible for setting monetary policy, issuing currency, and overseeing the nation's banking system.

Commercial Banks

Financial institutions that provide a wide range of banking services to individuals and businesses, including accepting deposits, lending money, and offering checking and savings account services.

Time Deposits

Bank deposits with a fixed term or period of maturity, during which the depositor can not withdraw funds without penalty.