Examlex
the hardware or software portion of a modem that is responsible for
converting digital data into analog signals for transmission over a telephone line
Financial Intermediation
The process by which financial institutions act as intermediaries between lenders and borrowers.
Institutional Investor
A business organization that buys and sells securities. Generally, a fund of some kind such as a mutual fund or a pension fund that invests the pooled money of its clients.
Pension Funds
Investment pools that collect and invest funds contributed by sponsors and beneficiaries to provide future pension benefits.
Insurance Companies
Businesses that provide protection against financial losses in exchange for regular payments from individuals or entities.
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