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Life insurance
These are financial intermediaries that sells life insurance
Capital market
These are markets deals with long term securities
Money market
These are markets deals with short term securities
Depository institutions
it refers to financial institutions that accepts deposits from surplus unit.
Financial institutions
it refers to a company engaged in the business dealing with financial monetary transactions such as deposits & loans.
Primary market
it consist of underwriters, issuers & instruments
Financial instruments
it refers to a monetary contract between two parties which can be traded
Cooperative bank
these are bank owned by the members of the cooperative
Financial market
it refers to a market place where trading of securities occur including
Stock market , bond market, forex market
Health insurance
Type of insurance that pay the medical expenses and exchanges for premiums.
Pawn shops
1.These are agencies where people and some small business “ pawn “Their assets in exchanges of amount much smaller that the value of assets.
Pension fund companies
it refers to the selling of contract to provide income to policy holders during their retirement years
Professional insurance
an insurance that covers the protections of all professionals such as doctors, nurses, teachers & other
Credit insurance
it is a kind of insurance that give protections from lenders & it is associated with loans or credit cards.
Thrift bank
is a type of financial institutions that specializes in offering savings & originating home mortgage for consumers
Sale finance companies
refers to a finance companies that provide installment credit to buyers of a big ticket items like cars & household appliances
Growth funds
These are funds with invest in assets that are expected to reap large capital gains
Finance companies
these are profit oriented financial institutions that borrow and lend funds to households & business
Non- depository institutions
it refers to institutions which obtains fund by issuing deposits issue contracts that are not deposits
Income funds
these are funds which invest in stock , that are regularly pay dividends and in notes & bonds that are regularly pay interest.
Allocation
– It means determining where to use funds currently that are available to the firm.
Acquisition
– It means obtaining funds from the right sources at the right time
Efficient – Utilization
It refers to financial resources that are economically use
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