Term
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Definition
| The group of institutions in the economy that help to match one person's saving with another person's investment. |
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Term
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Definition
| Financial institutions through which savers can directly provide funds to borrowers. |
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Term
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Definition
| A certificate of indebtedness. |
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Term
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Definition
| A claim to partial ownership in a firm. |
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Term
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Definition
| Financial institutions through which savers can indirectly provide funds to borrowers. |
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Term
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Definition
| An institution that sells shares to the public & uses the proceeds to buy a portfolio of stocks & bonds. |
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Term
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Definition
| The total income in the economy that remains after paying for consumption & government purchases. |
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Term
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Definition
| The income that households have left after paying for taxes & consumption. |
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Term
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Definition
| The tax revenue that the government has left after paying for its spending. |
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Term
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Definition
| An excess of tax revenue over government spending. |
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Term
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Definition
| A shortfall of tax revenue from government spending. |
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Term
| Market for Loanable Funds |
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Definition
| The market in which those who want to save supply funds & those who want to borrow to invest demand funds. |
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Term
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Definition
| A decrease in investment that results from government borrowing. |
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