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Financial Institutions and Markets Study Exam Questions with Answers
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Financial intermediary (or financial institution) - An institution, such as a bank, building society, or unit-trust company, that holds funds from lenders in order to make loans to borrowers. Surplus spending unit (SSU) - An economic unit with income that is greater than or equal to expenditures on consumption or real investment over the course of a period. It will use its additional income to buy goods, invest, lend money to deficit spending units or pay off its own deficit from an earlier period.
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