The _____ Refers to a Written Order for a Certain

question 41

Short Answer

The _____ refers to a written order for a certain amount of money to be transferred on a certain date from the person who owes the money or agrees to make the payment.

---

Definitions:

Money Center Banks

Large financial institutions that offer a wide range of financial services and are typically located in major economic centers.

ROE

Short for Return on Equity, a measure of a corporation's profitability that reveals how much profit a company generates with the money shareholders have invested.

Money Center Banks

Large financial institutions that offer a wide range of financial services, located in major financial centers and dealing with high volumes of currency transactions.

Industry Structure

The organizational composition and competitive dynamics of an industry, including the number and size of companies, entry barriers, and the extent of rivalry.