PDIC stands for?
Philippine Deposit Insurance Corporation
Serve as medium of exchange that is widely accepted in transactions for goods and services.
Money
A type of financial market i where long-term securities are bought and sold — typically for more than one year.
Capital Market
A pooled investment vehicle that collects money from multiple investors and uses that money to invest in a diversified portfolio of assets such as stocks, bonds, money market instruments, or a mix of these
Mutual Fund
These do not have a full banking license but provide various financial services
Non-Depository Institution
A financial institution that helps individuals and institutions buy and sell financial securities, such as stocks, bonds, mutual funds, and other investment products, in the financial markets.
Securities Firms / Brokerage Houses
This is government agencies that supervise and regulate the financial system to keep it fair and stable.
Financial Regulators
A financial institutions licensed to accept deposits and make loans.
Bank
A type of contracts whose value is based on an underlying asset or index
Derivatives
What are the 3 classification/types of financial instrument.
Equity, Debt & Derivatives
Give the 4 types of financial market
Money Market
Capital Market
Forex Market
Derivatives Market
Modified TRUE or FALSE:
Stock are contracts whose value is based on an underlying asset or index.
Stock to Derivatives
An organization that provides financial services such as accepting deposits, giving loans, managing investments, or providing insurance.
Financial Institutions
It regulates and supervises banks and other financial institutions. Ensures price stability, financial system soundness, and currency issuance.
BSP
A government-owned and controlled corporation in the Philippines that provides deposit insurance to protect depositors in the event of a bank failure.
PDIC
What are the five types of Depository Institution
Commercial, Thrift, Rural, Mutual Savings Bank, Credit Unions
Modified TRUE or FALSE:
A financial market is a financial contract whose value is based on the price of an underlying asset (like a stock, bond, currency, or commodity).
Derivative market.
What is the network that connects people, businesses, and governments with funds—helping money flow efficiently through the economy?
Financial System
Give 3 Problems of Barter
Difficult to match
No common value
Hard to divide goods
No way to store wealth
Give the 3 Feature of Barter
No money involved,
Mutual agreement,
Double coincidence of wants
What are the five types of Non-Depository Institution
Insurance Companies,
Pension Fund,
Finance Companies,
Mutual Funds,
Sec. Firm or Brokerage Houses,
Microfinance
Modified TRUE or FALSE:
A Mutual Savings Bank (MSB) is a member-owned, non-profit financial institution that provides traditional banking services like saving accounts, loans, and checking accounts—but with a focus on serving its members rather than making a profit.
MSB to credit union
Give 5 Financial Institutions.
Bank, Credit Unions, Insurance companies, Investment Firms, Pawnshop
What are the five characteristics of money
Unit of account
Store value
Standard of payment
Drives economy
Empower individuals
Give 5 Functions of Financial Institution