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pension fund: thirft institution credit union insurance company commercial bank

ID: 2741826 • Letter: P

Question

pension fund:

thirft institution

credit union

insurance company

commercial bank

A-this institution was originally developed to encourage savings by and to make loans to individuals not business

B-provides protection against financial distress to a beneficiary in a case a spouse or family member dies prematuraly

c-by virtue of investing the saved funds ot its investor into a large number of different securities it is able to realize both economies of scale and risk diversication for its investor

d-was originally created to provide loans and deposit services to business customers and it continues to be the primary source of business loans

e- this form of financials intermediary is usally administered but the trust deparments of commercial banks or by life insurance companies

this institution is organized as a not for profit business eneterprise that exhibits a mutual ownership structure

i was unable to copy and please

Explanation / Answer

thirft institution A : this institution was originally developed to encourage savings by and to make loans to individuals not business insurance company B-provides protection against financial distress to a beneficiary in a case a spouse or family member dies prematuraly credit union c-by virtue of investing the saved funds ot its investor into a large number of different securities it is able to realize both economies of scale and risk diversication for its investor commercial bank d-was originally created to provide loans and deposit services to business customers and it continues to be the primary source of business loans pension fund: e- this form of financials intermediary is usally administered but the trust deparments of commercial banks or by life insurance companies