COMM 308 Chapter Notes - Fall 2017 Chapter 1-2-3 - Root mean square, Byrsonima crassifolia, Corporate law
21 Sep 2018
School
Department
Course
Professor
Document Summary
1. 1 de ne nance and explain what is involves in the study of nance. 1. 2 list the major nancial and real assets held by canadians. 1. 3 explain how money is transferred from lenders to borrowers and the role played by market and. 1. 4 identify the basic types of nancial instruments that are available and explain how they are traded. 1. 1 what is finance: finance is the study of how and under what terms savings (money) are allocated between lenders and borrowers. The study of finance: the study of nance requires a basic understanding of: 1. 2 real versus financial assets: real assets are tangible items owned by persons and businesses; e. g: Machinery and equipment: financial assets are what one individual has lent to another, e. g: Indirect claims through a nancial intermediary where the nancial intermediary, such as a bank, o ers deposit-taking services and ultimately lends the deposited funds out as mortgages or loans.
