Examlex
What tips would you offer an entrepreneur who is scheduled to present her business plan to a group of potential lenders and investors in one week?
Checking Deposits
Balances in bank accounts from which funds can be withdrawn by writing a check or using a debit card, usually without any interest benefits.
Financial Intermediaries
Institutions that act as middlemen in financial transactions, typically between savers and borrowers.
Commercial Banks
Financial institutions that offer a wide range of services to businesses and consumers, including deposit accounts, loans, and money transfers.
Minimum Balance
The smallest amount that must be maintained in a bank account to avoid penalties, such as service charges.
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