Disintermediation Occurs When Funds Are Deposited into Banks and Lent

question 63

True/False

Disintermediation occurs when funds are deposited into banks and lent to borrowers.

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Definitions:

Financial Resources

Assets and means available to an individual or organization to fund its operations and projects.

Novice

An individual who is new to a field or activity, possessing little to no experience.

Extended Period

A lengthy timeframe, often longer than initially anticipated or beyond the norm.

On-the-job Training

Instruction and training provided to employees at their workplace, emphasizing practical skills and knowledge for their specific job roles.