Money and Banking: An Introduction to the Financial System [by] W. H. Steiner, Eli Shapiro [and] Ezra Solomon |
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Page 192
... finance companies followed suit and today most of the commercial paper ( or finance paper as it is called ) issued by sales finance companies is directly placed . In direct placement the bor- rowing companies simply offer to sell their ...
... finance companies followed suit and today most of the commercial paper ( or finance paper as it is called ) issued by sales finance companies is directly placed . In direct placement the bor- rowing companies simply offer to sell their ...
Page 193
... finance paper differs from traditional commercial paper in several respects : ( a ) instead of offering stated amounts of paper of various maturities at quoted rates of interest , finance companies simply offer rates on different ...
... finance paper differs from traditional commercial paper in several respects : ( a ) instead of offering stated amounts of paper of various maturities at quoted rates of interest , finance companies simply offer rates on different ...
Page 541
... financing , however , comes from sales finance companies who specialize in these loans . The finance companies , in turn , obtain funds on a large scale from the capital and money market . The same is true of personal finance companies ...
... financing , however , comes from sales finance companies who specialize in these loans . The finance companies , in turn , obtain funds on a large scale from the capital and money market . The same is true of personal finance companies ...
Contents
Money and Economic Activity | 3 |
Monetary Systems | 25 |
The American Monetary System | 40 |
Copyright | |
27 other sections not shown
Common terms and phrases
amount assets bank's bankers banking system billion bills Board of Governors borrowing branch banking cash central bank changes Chaps checks circulation commercial banks commodity consumption Corporation debt demand deposits deposit account depositors discount dollar economic activity effect employment excess reserves exchange rates expansion expenditures exports factors Federal Reserve Act Federal Reserve banks Federal Reserve notes Federal Reserve System finance foreign exchange funds gold standard government securities important increase inflation institutions interest rates issues lending level of income liabilities liquidity loans and investments member bank reserve ment monetary policy monetary stock money market national bank national income open-market operations output payments percent period price level production propensity to consume purchases quantity theory rate of interest reduce Reserve authorities reserve balances reserve position reserve requirements rise savings short-term silver stability stock of money supply tion trade transactions Treasury currency volume York