Core Deposits Are Deposits That Are

question 28

Multiple Choice

Core deposits are deposits that are

• A)at the bank solely for the interest rate earned.
• B)very stable funds sources.
• C)typically for larger denominations than hot money sources.
• D)very frequently turned over.

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Definitions:

Advancing Technology

The ongoing development and application of scientific knowledge to industrial or commercial objectives, leading to new or improved technologies and innovation.

Venture Capitalists

Persons or organizations that agree to provide some funds for a new business in exchange for an ownership interest or stock.