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BAC 305 Financial Markets and Institutions
| Institution | University |
| Course | Bachelor of Commerce |
| Year | 3rd Year |
| Semester | Unknown |
| Posted By | Preston Junior Ayieko |
| File Type | |
| Pages | 152 Pages |
| File Size | 1.39 MB |
| Views | 3365 |
| Downloads | 0 |
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Description
• Financial market is a market in which financial assets (securities) such as stocks and bonds can be purchased or sold
• Financial markets are critical for producing an efficient allocation of capital, which contributes to higher production and efficiency for the overall economy, as well as economic security for the citizenry as a whole
• Financial markets also improve the lot of individual participants by providing investment returns to lender-savers and profit and/or use opportunities to borrower-spenders.
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