The Enterprise and Economic Development Glossary
a resource of the .network library |
financial institution:
... an established public
or private organization that
collects, stores, and/or otherwise deals with assets typically convertible
to funds and acceptable as payment for goods and services and repayment
of debts, for example, a banking institution or
simply bank—link
to definition of bank at the Wikipedia website. Wikipedia also has links
to more information about financial institutions in a directory
of sub-categories (FYI: There you can follow an information stream
from banking to
banking
institutes to World Bank. Also, more
definitions of
financial institution can be found in the Business
Glossary of www.allbusiness.com.
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