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The organisation of the financial industry
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A loan to buy property is called...
a mortage
When you put money in your bank account you make a ....
deposit
Retired people receive a...
pension
Part ownership of a company is represented by securities called ... (USA) or .... (UK)
stocks or shares
.... is the money invested in a business
Capital
When a company buys another company's stocks and takes control of it, this is called a ...
takeover
Two companies joining together is called a ...
merger
What are conglomerates?
Groups of companies that have joined together.
What are the people who place in money in bank accounts called?
depositors
What does 'deregulated' mean?
Abolished or ended rules or restrictions
An amount of money paid as a result of breaking the law is called a...
fine
What does 'prohibited' mean?
Made it illegal to do something
What does 'regulation' mean?
The control of something by rules or laws
What is it called when a law is cancelled or ended?
Repealed
guaranteeing to buy a company's newly issues stocks if no one else does is called...
underwriting
Bonus question! Who is Peter Sinclair?
The former director of the Centre for Central Banking Studies at the Bank of England