8/14/25, 7:10 AM LIBF-Unit 4 UPDATED Exam Questions (2025) Complete Exam Questions and Answers | already graded A+ Flashcards | Quizlet
LIBF-Unit 4 UPDATED Exam Questions (2025)
Complete Exam Questions and Answers | already
graded A+
Save
Terms in this set (122)
The body responsible for strengthening business
competition and markets
competition and preventing and reducing anti-
authority
competitive activities.
People and organisations (eg companies) who lend
counterparties money to and borrow from financial intermediaries (ie
financial institutions such as banks)
The process of selling off parts of a company to make
divestment it smaller, eg the Lloyds sell-off that created new TSB
branches.
A financial institution that facilitates the process of
lending and borrowing, by taking deposits from those
financial intermediary
with a surplus and lending those funds out to those
who need to borrow.
The process of taking in deposits from those with a
financial intermediation surplus and lending those funds out to those who
need to borrow (see financial intermediary).
A part of the Bank of England that monitors and
responds to risk posed to the entire financial services
financial policy committee
market. Its focus on the whole market makes it a
macro-prudential authority.
https://quizlet.com/1065652998/libf-unit-4-updated-exam-questions-2025-complete-exam-questions-and-answers-already-graded-a-flash-cards/?new 1/14
, 8/14/25, 7:10 AM LIBF-Unit 4 UPDATED Exam Questions (2025) Complete Exam Questions and Answers | already graded A+ Flashcards | Quizlet
A mutual organisation that offers its members a wide
range of financial products, which can include
friendly society
savings, investments, insurance, pensions and
annuities.
Her Majesty's (HM) Treasury, the government
hm treasury department responsible for development and
implementation of financial and economic policy.
Banks that raise funds on the financial markets, rather
than accepting deposits as a retail bank does. They
investment banks use these funds to provide special services to large
corporations and to governments. Also known as
wholesale banks.
An insurance marketplace where members
(corporations and individuals) employ underwriters to
lloyd's insurance market
come together and accept insurance risk, dividing it
out between the members.
Financial markets where long-term debt (ie bonds)
long-term capital markets and shares in the bank (equity) are bought and sold.
This provides a source of funding for banks.
The manipulation of interest rates to maintain low
monetary policy
inflation.
The Bank of England committee responsible for
monetary policy
keeping inflation under control by the manipulation of
committee
interest rates.
A market dominated by a few large firms, eg the
oligopoly
financial services sector.
Online marketplaces that enable people to lend to
and borrow from each other without using a
peer-to-peer lenders
traditional financial institution such as a bank or
building society.
Banks that deal directly with consumers, eg providing
retail banks
current accounts and mortgages.
https://quizlet.com/1065652998/libf-unit-4-updated-exam-questions-2025-complete-exam-questions-and-answers-already-graded-a-flash-cards/?new 2/14
LIBF-Unit 4 UPDATED Exam Questions (2025)
Complete Exam Questions and Answers | already
graded A+
Save
Terms in this set (122)
The body responsible for strengthening business
competition and markets
competition and preventing and reducing anti-
authority
competitive activities.
People and organisations (eg companies) who lend
counterparties money to and borrow from financial intermediaries (ie
financial institutions such as banks)
The process of selling off parts of a company to make
divestment it smaller, eg the Lloyds sell-off that created new TSB
branches.
A financial institution that facilitates the process of
lending and borrowing, by taking deposits from those
financial intermediary
with a surplus and lending those funds out to those
who need to borrow.
The process of taking in deposits from those with a
financial intermediation surplus and lending those funds out to those who
need to borrow (see financial intermediary).
A part of the Bank of England that monitors and
responds to risk posed to the entire financial services
financial policy committee
market. Its focus on the whole market makes it a
macro-prudential authority.
https://quizlet.com/1065652998/libf-unit-4-updated-exam-questions-2025-complete-exam-questions-and-answers-already-graded-a-flash-cards/?new 1/14
, 8/14/25, 7:10 AM LIBF-Unit 4 UPDATED Exam Questions (2025) Complete Exam Questions and Answers | already graded A+ Flashcards | Quizlet
A mutual organisation that offers its members a wide
range of financial products, which can include
friendly society
savings, investments, insurance, pensions and
annuities.
Her Majesty's (HM) Treasury, the government
hm treasury department responsible for development and
implementation of financial and economic policy.
Banks that raise funds on the financial markets, rather
than accepting deposits as a retail bank does. They
investment banks use these funds to provide special services to large
corporations and to governments. Also known as
wholesale banks.
An insurance marketplace where members
(corporations and individuals) employ underwriters to
lloyd's insurance market
come together and accept insurance risk, dividing it
out between the members.
Financial markets where long-term debt (ie bonds)
long-term capital markets and shares in the bank (equity) are bought and sold.
This provides a source of funding for banks.
The manipulation of interest rates to maintain low
monetary policy
inflation.
The Bank of England committee responsible for
monetary policy
keeping inflation under control by the manipulation of
committee
interest rates.
A market dominated by a few large firms, eg the
oligopoly
financial services sector.
Online marketplaces that enable people to lend to
and borrow from each other without using a
peer-to-peer lenders
traditional financial institution such as a bank or
building society.
Banks that deal directly with consumers, eg providing
retail banks
current accounts and mortgages.
https://quizlet.com/1065652998/libf-unit-4-updated-exam-questions-2025-complete-exam-questions-and-answers-already-graded-a-flash-cards/?new 2/14
