Basic Bank
This disadvantage of savings accounts is that returns don’t keep pace with this economic factor.
What is inflation?
This market facilitates trading of securities like equities, bonds, and derivatives
What is the Financial Market?
This bank service directs customer payments to a special post office box for quick processing
What is a loxbox?
This type of investment is ideal for risk-tolerant individuals looking for higher returns.
What is an ownership investment?
The application of technology and diversification in banking has led to this upgrade in jobs.
What is a general upgrading of banking jobs?
This type of investment involves lending money to an entity in exchange for interest payments.
What are Bonds?
In this market, transactions occur at predetermined intervals rather than continuously.
What is a call market?
This type of account allows frequent withdrawals, ideal for day-to-day transactions.
What is a checking account?
Investors take a risk in hopes of receiving this on their investments.
What is a return?
This agreement involves lending or owning arrangements between individuals, businesses, or governments.
What are securities?
The term for how easily an asset can be converted to cash without significant loss.
What is Liquidity?
The market where soft commodities like cocoa beans and corn are traded.
What is the soft commodities market?
This officer ensures a bank adheres to ethical and regulatory standards.
Who is a compliance officer?
This type of protection ensures transactions will clear if an account balance is negative.
What is overdraft protection?
This type of account offers better interest than savings accounts and allows check writing.
What is a money market account?
This type of investment allows multiple people to pool funds to buy stocks and bonds.
What are Mutual Funds?
The financial market selling new stock or bond issues to investors.
What is primary market?
Brian should open this type of account for frequent withdrawals of his income.
What is a checking account?
These low-risk investments are backed by the government, making them one of the safest options.
What are government bonds?
This refers to money traded outside the country in whose currency it is denominated.
What is Eurocurrency?
The risk pyramid helps compare one investment to another, often showing this relationship.
What is Risk versus Reward?
This marketplace involves trading foreign currencies.
What is foreign exchange market?
This financial institution specializes in helping people purchase real estate.
What is a mortgage company?
This factor, influenced by personal goals, determines how much risk a person can handle.
What are Goals?
A measure of performance that uses the least input for the highest output.
What is efficiency?