Please Define the Following Key Terms

question 4

Essay

Please define the following key terms. Show Who? What? Where? When? Why Important?
-Great Schism

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Definitions:

Corporate Stock

Share in a corporation. The stockholders own the corporation.

Depository Institutions

Financial institutions that accept deposits from the public, including banks, savings and loan associations, and credit unions, providing various banking and lending services.

Deposits

Funds placed into banking institutions for safekeeping, which can include savings accounts, checking accounts, and certificates of deposit.

Reserves

Funds or materials set aside for future use or to cover unexpected emergencies; in banking, refers to the amount of money banks are required to hold as a safety measure.