Posted inEconomics
Stock Exchange Market: Definition, Functions & Examples
The stock exchange market is a market which deals with the buying and selling of long term financial assets (securities) such as stocks and shares.
Traditional Financial Institutions: Definition, Functions, Pros & Cons
What is Financial Institutions? Financial institutions are business organizations which deal in money, though some may deal in other financial assets such as shaves, letters of credit, bills of exchange…
Central Bank: Definition, Features, Functions & Examples
A Central Bank is a National Government owned apex financial institution which controls and supervises the entire monetary system of a country. It assists, directs and regulates the activities of other financial institutions to make them comply with government monetary and economic policies.
Posted inEconomics
Monopoly: Definition, Types, Features, Causes, Pros & Cons
Monopoly may be defined as a market situation where there is only one producer or supplier of a particular commodity that has no substitute and who has the power to influence the price of the commodity to his own favour. The commodity sold by a monopolist is usually differentiated.
Merchant Banks: Definition, Functions & Examples
A merchant bank is a ‘wholesale bank’ which deals in large sums of money and whose main functions are: issuing of shares and dealing in discounting and acceptance of bills.