What is a financial market? What is a financial institution? Why are they so important? Would...

60.1K

Verified Solution

Question

Finance

What is a financial market? What is a financial institution? Whyare they so important? Would you let one or many financialinstitutions fail?

Answer & Explanation Solved by verified expert
3.8 Ratings (376 Votes)
A financial market is a market for the buying selling and exchange of financial assets securities and instruments such as shares bonds derivatives etc A financial institution is an intermediary or    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students