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Financial institution |
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Financial institutionAn enterprise such as a bank whose primary business and function is to collect money from the public and invest it in financial assets such as stocks and bonds.Financial institutionAn institution which accepts funds from the public and reinvests in bank deposits, bonds and stocks etc. These include banks and insurance companies. In the UK a building society would be included.Similar MatchesInstitutional LendersInstitutional LendersBanks, savings and loan associations and other businesses which make loans to the public in the ordinary course of business, rather than individuals, or companies which may make loans to employees. Instinet (Institutional Networks Corporation)Instinet (Institutional Networks Corporation)Computerized subscriber service that serves as a vehicle for the fourth market. "Instinet" is registered with the SEC As a stock exchange it numbers among its subscribers a large number of mutual funds and other institutional investors linked to each other by computer terminals. The system permits subscribers to display bids and offers (which are exposed system wide for whatever length of time the initiating party specifies) and to consummate trades electronically. Instinet is largely used by market makers, but, nonmarket makers and customers have equal access. Depository Institutions Deregulation and Monetary Control ActDepository Institutions Deregulation and Monetary Control ActThe 1980 federal legislation that ended the regulation of the banking industry. Institutional brokerInstitutional brokerA broker who buys and sells securities for institutional investors such as banks, and mutual funds, pensions. Depository institutionDepository institutionA financial institution that obtains its funds mainly through deposits from the public. This includes commercial banks, savings and loan associations, savings banks and credit unions. Although historically they have broadened their powers in recent years. For example, NOW accounts, credit union share drafts and other services similar to checking accounts may be offered by thrift institutions. Further Suggestionsinstitutional investorThrift Institution Advisory Council (TIAC) institution thrift institution Financial institution buyer credit policy Thrift institution Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA) International financial institution Foreign official institutions |
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