An institution that makes savings available to investors is known as
A) A financial repository.
B) An independent financial association.
C) A financial intermediary.
D) A stock and bond intermediary.

Question

Quizplus · Accepted Answer

A financial intermediary is an institution that acts as a mediator between savers and borrowers. It collects the savings of the investors and then lends it to the borrowers. Examples of financial intermediaries include commercial banks, credit unions, and investment companies.

An Institution That Makes Savings Available to Investors Is Known