Examlex
A(n)_________________________ is a savings instrument in which the customer makes cash payments to an investment manager who invests them in an earning asset.Later the purchaser receives a stream of income from those assets.
Unlimited Liability
A legal structure in which the owners are personally liable for all the debts and liabilities of the business, without any limit.
General Partnership
A business arrangement where two or more individuals agree to share in all assets, profits, and financial and legal liabilities of a jointly-owned business.
Corporation
A legal entity created by individuals, stockholders, or shareholders, with the purpose of operating for profit. Corporations can enter contracts, sue and be sued, and pay taxes apart from their owners.
Secondary Market
The marketplace where investors buy and sell securities they already own, as opposed to the primary market where securities are first issued.
Q5: A(n)_ is an account many banks hold
Q8: One defense against risk for a bank
Q24: A lending institution that sells lower-yielding securities
Q24: One of the factors to consider when
Q53: One of the 6 Cs of lending
Q57: The most risky of all business loans
Q62: An account at a bank that carries
Q67: A concern in the banking and commercial
Q100: The basic weakness of the cost-plus loan
Q104: An abusive practice in which lenders grant