BAC 305 Financial Markets and Institutions

Institution University
Course Bachelor of Commerce
Year 3rd Year
Semester Unknown
Posted By Preston Junior Ayieko
File Type pdf
Pages 152 Pages
File Size 1.39 MB
Views 2971
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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