The collection of households, firms, governments, banks, and other financial institutions that lend and borrow. (p. 202)
Markets for the exchange of financial capital and credit. Most often, these are markets in which investors buy and sell stocks and bonds. View LEI Lesson(s) that address this term
Banks and other institutions that facilitate the flow of funds from savers to borrowers.
Markets that direct savings into money-type assets (such as stocks, bonds, and bank accounts) that pay households for the use of their savings. Commercial banks, savings and loans, credit unions, insurance companies, brokerage houses, pension funds, and investment bankers are some of the businesses that are found in financial markets
A generic term for the markets in which financial instruments are traded. Financial instruments have no intrinsic value of themselves. They represent a claim over real assets or a future income stream. The four main financial markets are the foreign exchange market, the fixed interest or bond market, the share or equity market and the derivatives market.
Institutions acting as intermediaries between suppliers and users of money. They are wholesale and retailers of funds. The financial markets are where those wanting funds are matched with those having surplus funds.