MGTA01H3 Lecture Notes - Lecture 9: Investment Banking, Imperial Bank Of Canada, Canadian Imperial Bank Of Commerce
![MGTA01H3 Full Course Notes](https://new-docs-thumbs.oneclass.com/doc_thumbnails/list_view/2177598-class-notes-ca-utsc-mgta01h3-lecture4.jpg)
14
MGTA01H3 Full Course Notes
Verified Note
14 documents
Document Summary
How capital is used consumption versus investment: consumption: using up your money by making a final purchase. Investment: a decision not to spend one"s capital for immediate consumption, but to put it to work so that it might produce more capital in the future. Investor: an individual or organisation that provides the capital to finance enterprise in the expectation that the enterprise will return more capital in the future. Money that is lent is called loan capital or debt capital: loan/debt capital: money that is lent to a business or an individual. A loan must be repaid, usually with interest. In the business of making markets, i. e. introducing buyers and sellers for capital. Investment dealers employ stockbrokers: stockbrokers: an individual who manages financial investments for clients by researching the financial markets, monitoring clients" investments and providing advice about which shares to buy or sell.