Financial depth consists of the financial resources provided to the private sector by domestic money banks as a share of GDP.
The heart of the U.S. financial system consists of just six firms Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Wells Fargo and it's almost unimaginable that the government would let any of them collapse.
Whereas a traditional business cycle manifests itself in the rise and fall of growth and consumer-price inflation, the financial cycle consists of longer, wider swings in credit and asset-price inflation.Credit growth as a canaryWhy does credit sometimes depart from its prior trend?
Its portfolio of financial investments consists of mainly big stakes in mainly American companies such as Coca-Cola, Wells Fargo and Gillette, as well as junk bonds (at times), foreign-exchange contracts (since 2002) and, increasingly, cash.It also has a clutch of operating businesses, from insurance to home furnishings.
For most Japanese, irrespective of wealth, financial "planning" consists in placing leftover assets in time deposits of less than a year.
The financial system consists of 17 commercial banks (85.8% of the system assets), 10 saving and credit institutions (11.1% of the system assets), 19 credit unions (1.9% of the system assets), several credit corporations (0.3% of the system assets), and a development bank (0.9% of the system assets).
focuses on certain collateralized debt obligations, or C.D.O.'s, financial instruments consisting of bundles of mortgage bonds.
The Obama campaign was forced to build an alternative financial base, consisting of a few major Illinois donors, such as Pritzker, and an intricate network of small- and medium-sized donors, many of whom were new to national politics.
The "failure of risk management" that precipitated our financial crisis consisted of nothing other than the willingness and readiness -- indeed, the eagerness -- to allow greed to strangle both prudence and morality.
Because financial markets consist of individuals who react to what others are doing, the theories of free-market economics are often less illuminating than the Prisoner's Dilemma, an analysis of strategic behavior that game theorists associated with the RAND Corporation developed during the early nineteen-fifties.
Bill of exchange, also called draft or draught, short-term negotiable financial instrument consisting of an order in writing addressed by one person (the seller of goods) to another (the buyer) requiring the latter to pay on demand (a sight draft) or at a fixed or determinable future time (a time draft) a certain sum of money to a specified person or to the bearer of the bill.
