The financial institutions in our banking system are all in the business of transferring funds from savers to investors. This process is known as

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Quizplus · Accepted Answer

Financial intermediation refers to the process of transferring funds from savers to investors through financial institutions such as banks, credit unions, and other financial intermediaries. These institutions play a crucial role in the economy by channeling funds from surplus units to deficit units, thereby facilitating economic growth and development. The other options, such as lobbying, parachuting, and money laundering, do not refer to the process of transferring funds from savers to investors via financial intermediaries.

The Financial Institutions in Our Banking System Are All in the Business