en     ru     jp
 
 
private banking
private banking
private banking
private banking
private banking
private banking
private banking
     
 
Home
      
Knowledge Base
      
Financial Glossary
      
Institution
       
 
Back

Institution

 Search definitions     
  Search  

Institution
An organization which is in the business of holding assets.
    
Examples of institutions include banks, insurance companies, and investment companies. Investment companies invest the pooled funds of retail investors for a fee. By aggregating the funds of a large number of small investors into a specific investments (in line with the objectives of the investors), an investment company gives individual investors access to a wider Range of securities than the investors themselves would have been able to access.
    
A bank is an organization, usually a Corporation, chartered by a state or federal government, which does most or all of the following: receives demand deposits and time deposits, honors instruments drawn on them, and pays Interest on them; discounts Notes, makes loans, and invests in securities; collects checks, drafts, and Notes; certifies depositor's checks; and issues drafts and cashier's checks. An insurance company , usually a Corporation, chartered by a state or federal government, which does most or all of the following: receives demand deposits and time deposits, honors instruments drawn on them, and pays Interest on them; discounts Notes, makes loans, and invests in securities; collects checks, drafts, and Notes; certifies depositor's checks; and issues drafts and cashier's checks.
Posted by  Privatebanking.com
 
  Back  
  Print  
  Email  

 

private banking
private banking
private banking
private banking
private banking
private banking
Get Adobe Flash Player to view the media
FlashPlayer required to view the media

 
Home News Library Newsletters Event Calendar Advertise About Contact FAQ
Privacy Policy     Terms of Service
 

©