The recent trend in which some of the best loan customers of banks and other financial intermediaries have chosen instead to raise the loanable funds they need directly from the open market is actually a new form of indirect finance or reintermediation.
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Q8: Commercial banks are contractual institutions.
Q9: Savings banks are classified as investment institutions.
Q10: An advantage of indirect finance is that
Q11: The "hedging principle"
involves attempting to match maturity
Q12: Financial assets usually have a high commodity
Q14: Recent trends in disintermediation have tended to
Q15: The M1 definition of the U. S.
Q16: The sum of all U.S. currency and
Q17: Much of the disintermediation experienced by modern
Q18: One of the most serious management problems
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