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Repealed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