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
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