Commercial banks
From iGeek
Commercial banks loan money to businesses in the form of cash (and give you interest in cash), and you can take out your cash at any time. Most investments are low risk (floating lines of credit, property/asset backed investments, etc.). But the overhead and low-risk investments means you get lower-returns. (This is what most people think of as banks).
~ Aristotle Sabouni
Created: 2022-03-11 |
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🔗 Links
https://mises.org/library/separation-commercial-and-investment-banking-morgans-vs-rockefellers
Tags: Terms Financial Terms