Examlex
A frame of reference is defined as:
Financial Intermediary
An institution that pools investors’ money and invests it on their behalf giving the investors shares of itself. Mutual funds are the primary example.
Indirect Method
A way of calculating cash flows from operations by starting with net income and adjusting for changes in non-cash accounts.
Investment Banks
Financial institutions that assist individuals, corporations, and governments in raising capital, advising on mergers and acquisitions, and providing other financial services.
Certificate of Deposit
A savings certificate with a fixed maturity date, specified fixed interest rate, and can be issued in any denomination aside from minimum investment requirements.
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