Financial Institutions Are Entrusted to Properly Invest and Oversee Large

question 60

Short Answer

Financial institutions are entrusted to properly invest and oversee large amounts of funds which are ________________ in them.

---

Definitions:

Personal in Nature

Characteristics or belongings that are intimately related to an individual's private life or identity.

Assignment

The transfer of rights, property, or obligations from one party to another, often used in contracts and in the context of loans or leases.

Personal in Nature

Describes something that is intended for or affecting an individual rather than a group or an entity.

Contractual Duties

Obligations that parties are legally bound to perform as outlined in a contract.