A wide variety of financial institutions have different roles in finance and the economy. Some institutions, such as banks, link lenders and borrowers.
These institutions act as an intermediary among consumers, businesses, and governments by lending out deposits.
Other institutions, such as stock exchanges, provide a market for existing securities, which include stocks and bonds.
Stock exchanges encourage investment because they enable investors to sell their securities when the need arises.
Thursday, March 5, 2009
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