Management and Organizational Studies 1023A/B Study Guide - Data Room, Underwriting, Fiduciary

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 1023A/B
• Professor: Maria Ferraro

Document Summary

Finance: the study of how and under what terms savings are allocated between lenders and borrowers. Balance sheet: snapshot of assets and liabilities at a particular time. Real assets: tanglible things that compose personal and business assets. Liability side is how we finance expenditures = corporate finance decisions. Financial asset: what one individual has lent to another. Intermediation: the transfer of funs from lenders to borrowers. Financial intermediaries: entities that invest funds on behalf of others and change the nature of the transactions. Market intermediary: an entity that facilitates the working of markets and helps provide direct intermediation but does not change the nature of the transaction; also called a broker. The ultimate lenders have indirect claim from ultimate borrower and direct claim from the institution. Crown corporations: government -owned companies that provide goods and services needed by canadians. Financial assets are formal legal documents that set out the rights and obligations of all the parties involved.