Types Of Financial Institutions Vocabulary Set in Finance And Banking: Full and Detailed List
The 'Types Of Financial Institutions' vocabulary set in 'Finance And Banking' is carefully selected from standard international textbook sources, helping you master vocabulary in a short time. Comprehensive compilation of definitions, illustrative examples, and standard pronunciation...
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/bæŋk/
Example:
I need to go to the bank to deposit a check.
/ˈsen.trəl ˌbæŋk/
Example:
The central bank raised interest rates to combat inflation.
/kəˌmɜːr.ʃəl ˈbæŋk/
Example:
Most people use a commercial bank for their everyday financial needs.
/ɪnˈvest.mənt ˌbæŋk/
Example:
She works for a leading investment bank in New York.
/ɪnˈʃʊr.əns ˌkʌm.pə.ni/
Example:
I need to call my insurance company to update my policy.
/ˈhedʒ ˌfʌnd/
Example:
He works for a prominent hedge fund in New York.
/ˈpen.ʃən ˌfʌnd/
Example:
The company contributes to a pension fund for its employees.
/ˈmjuː.tʃu.əl ˌfʌnd/
Example:
She decided to invest in a mutual fund for her retirement savings.
/ˈkred.ɪt ˌjuː.njən/
Example:
I opened a savings account at the local credit union.
/ˈmaɪkroʊfaɪnəns ɪnstɪˈtuːʃən/
Example:
Many rural communities rely on microfinance institutions for their economic development.
/ˈstɑːk ɪksˌtʃeɪndʒ/
Example:
The stock exchange closed early due to the holiday.
/ˈfjuːtʃərz ɪksˈtʃeɪndʒ/
Example:
The Chicago Mercantile Exchange is a prominent futures exchange.
/ˈklɪrɪŋ haʊs/
Example:
The research institute acts as a clearing house for scientific data.
/ˈkred.ɪt ˈreɪ.tɪŋ ˌeɪ.dʒən.si/
Example:
The credit rating agency downgraded the country's debt.
/faɪˈnæn.ʃəl ˈreɡ.jə.leɪ.t̬ər/
Example:
The new policies were introduced by the financial regulator to prevent market manipulation.
/ˈmɔːr.ɡɪdʒ ˌlen.dɚ/
Example:
We applied to several mortgage lenders before choosing one.
/ˈmɜːr.tʃənt ˌbæŋk/
Example:
The company sought funding from a merchant bank for its expansion project.
/ˈstɑːkˌbroʊ.kɚ/
Example:
My financial advisor recommended a reliable stockbroker.
/ɪnˈvest.mənt ədˈvaɪ.zər/
Example:
She hired an investment advisor to help manage her retirement savings.
/ɪnˈʃʊr.əns ˌbroʊ.kər/
Example:
I consulted an insurance broker to compare different health insurance plans.
/ˈfaɪ.næns ˌkʌm.pə.ni/
Example:
He got a car loan from a finance company.
/dɪˈvel.əp.mənt bæŋk/
Example:
The World Bank is a well-known development bank.
/ˈɑːn.laɪn ˈbroʊ.kər.ɪdʒ/
Example:
Many investors prefer using an online brokerage for its lower fees and convenience.
/ɪnˈʃʊr.əns ˈʌn.dərˌraɪ.tər/
Example:
The insurance underwriter reviewed the client's medical history before approving the life insurance policy.
/ɪnˈvest.mənt ˌkʌm.pə.ni/
Example:
He works for a large investment company in New York.