Non-depository Financial Institutions
Non-depository financial institutions are intermediaries that do not accept deposits, but lend funds to consumers and businesses.
Depository Institutions
Depository institutions include commercial banks and thrifts. Thrifts include savings and loan associations, savings banks, and credit unions.
Domestic Financial Sectors
Domestic financial sectors include enterprises that and regulators that provide the framework for facilitating lending and borrowing.
Non-financial Businesses
Non-financial businesses are enterprises that primarily engage in activities unrelated to financial services such as banking, insurance, and investment management.
Government Sector
The government sector comprises organizations and institutions that operate under public administration to provide essential services, maintain law and order, and support economic stability.
Market Efficiency
Market efficiency refers to the degree to which asset prices fully reflect all available information at any given time, ensuring that securities are fairly valued based on their intrinsic worth.
Primary and Secondary Market
The primary market and secondary market are two key components of the financial market. The primary market is where securities, such as stocks and bonds, are issued for the first time by companies, governments, or other entities to raise capital.
The Derivative Market
The Derivative Market The derivative market is a financial marketplace where derivative instruments such as futures, options, forwards, and swaps
The Capital Market
The capital market is the sector of the financial market where long-term financial instruments issued by corporations and governments trade.
The Money Markets
The money markets are a component of the financial system, facilitating short-term borrowing and lending of funds, typically with maturities of one year or less.