An institution that makes savings available to dissavers (e.g.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 connects savers with investors/dissavers by providing financial services such as loan services, investment options, insurance, and retirement planning. Therefore, option C is the correct answer. Option A is not correct because a financial repository is not a commonly used term in finance, and it does not adequately describe the role of an intermediary. Option B is incorrect because an independent financial association is not a specific term used in finance, and it does not accurately describe the role of an intermediary. Option D is not correct because it only refers to stock and bond investments, whereas intermediaries provide a variety of financial services beyond just investing.

An Institution That Makes Savings Available to Dissavers (E