Logo
Unionpedia
Communication
Get it on Google Play
New! Download Unionpedia on your Android™ device!
Download
Faster access than browser!
 

Financial services

Index Financial services

Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, individual managers and some government-sponsored enterprises. [1]

107 relations: Accounting, Alternative financial service, Angel investor, Automated teller machine, Baltic Exchange, Bank, Bank card, Bermuda, Bond (finance), Brand, Brokerage firm, Bureau de change, Business, Capital market, Cashier's check, Casualty insurance, Cayman Islands, Certified check, Cheque, Clearing house (finance), Commerce, Conglomerate (company), Credit card, Credit union, Custodian bank, Debit card, Debits and credits, Debt settlement, Discount brokerage, Earnings, Economic capital, Economy of London, Economy of New York City, Edinburgh, Electronic funds transfer, Electronic trading platform, Euro, Exchange (organized market), Financial analyst, Financial centre, Financial crime, Financial data vendor, Financial market, Financial services, Financial technology, Financialization, Foreign exchange company, Government-sponsored enterprise, Gramm–Leach–Bliley Act, Health insurance, ..., Hedge fund, High-net-worth individual, Holding company, Insider threat, Insurance, Insurance broker, Interbank network, International business, International Monetary Fund, Investment banking, Investment fund, Investment management, Japan, Life annuity, Life insurance, List of investment banks, List of largest financial services companies by revenue, Lists of banks, Lloyd's of London, Loan, London, London Stock Exchange, Luxembourg, Mergers and acquisitions, Mortgage loan, Notary, Offshore financial centre, Overdraft, Payment system, Prime brokerage, Private banking, Private equity, Property insurance, Real-time gross settlement, Registered Investment Adviser, Reinsurance, Remittance, Retail banking, Safe, Security (finance), Service (economics), Stock, Stock exchange, Structured finance, Takeover, Tax avoidance, Tokyo, Underwriting, United Kingdom, United States, United States dollar, Universal bank, Unsecured debt, Venture capital, Wealth management, Wire transfer, World currency. Expand index (57 more) »

Accounting

Accounting or accountancy is the measurement, processing, and communication of financial information about economic entities such as businesses and corporations.

New!!: Financial services and Accounting · See more »

Alternative financial service

An alternative financial service (AFS) is a financial service provided outside traditional banking institutions, on which many low-income individuals depend.

New!!: Financial services and Alternative financial service · See more »

Angel investor

An angel investor (also known as a business angel, informal investor, angel funder, private investor, or seed investor) is an affluent individual who provides capital for a business start-up, usually in exchange for convertible debt or ownership equity.

New!!: Financial services and Angel investor · See more »

Automated teller machine

An automated teller machine (ATM) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, transfer funds, or obtaining account information, at any time and without the need for direct interaction with bank staff.

New!!: Financial services and Automated teller machine · See more »

Baltic Exchange

The Baltic Exchange (incorporated as The Baltic Exchange Limited) is a membership organisation for the maritime industry, and freight market information provider for the trading and settlement of physical and derivative contracts.

New!!: Financial services and Baltic Exchange · See more »

Bank

A bank is a financial institution that accepts deposits from the public and creates credit.

New!!: Financial services and Bank · See more »

Bank card

A bank card is typically a plastic card issued by a bank to its clients that performs one or more of a number of services that relate to giving the client access to funds, either from the client's own bank account, or through a credit account.

New!!: Financial services and Bank card · See more »

Bermuda

Bermuda is a British Overseas Territory in the North Atlantic Ocean.

New!!: Financial services and Bermuda · See more »

Bond (finance)

In finance, a bond is an instrument of indebtedness of the bond issuer to the holders.

New!!: Financial services and Bond (finance) · See more »

Brand

A brand is a name, term, design, symbol, or other feature that distinguishes an organization or product from its rivals in the eyes of the customer.

New!!: Financial services and Brand · See more »

Brokerage firm

A brokerage firm, or simply brokerage, is a financial institution that facilitates the buying and selling of financial securities between a buyer and a seller.

New!!: Financial services and Brokerage firm · See more »

Bureau de change

A bureau de change (plural bureaux de change, both) (British English) or currency exchange (American English) is a business where people can exchange one currency for another.

New!!: Financial services and Bureau de change · See more »

Business

Business is the activity of making one's living or making money by producing or buying and selling products (goods and services).

New!!: Financial services and Business · See more »

Capital market

A capital market is a financial market in which long-term debt (over a year) or equity-backed securities are bought and sold.

New!!: Financial services and Capital market · See more »

Cashier's check

A cashier's check or cheque is a cheque guaranteed by a bank, drawn on the bank's own funds and signed by a cashier.

New!!: Financial services and Cashier's check · See more »

Casualty insurance

Casualty insurance is a problematically defined term which broadly encompasses insurance not directly concerned with life insurance, health insurance, or property insurance.

New!!: Financial services and Casualty insurance · See more »

Cayman Islands

The Cayman Islands is an autonomous British Overseas Territory in the western Caribbean Sea.

New!!: Financial services and Cayman Islands · See more »

Certified check

A certified check or certified cheque is a form of cheque for which the bank verifies that sufficient funds exist in the account to cover the cheque, and so certifies, at the time the cheque is written.

New!!: Financial services and Certified check · See more »

Cheque

A cheque, or check (American English; see spelling differences), is a document that orders a bank to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued.

New!!: Financial services and Cheque · See more »

Clearing house (finance)

A clearing house is a financial institution formed to facilitate the exchange (i.e., clearance) of payments, securities, or derivatives transactions.

New!!: Financial services and Clearing house (finance) · See more »

Commerce

Commerce relates to "the exchange of goods and services, especially on a large scale.” Commerce includes legal, economic, political, social, cultural and technological systems that operate in any country or internationally.

New!!: Financial services and Commerce · See more »

Conglomerate (company)

A conglomerate is the combination of two or more corporations operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries.

New!!: Financial services and Conglomerate (company) · See more »

Credit card

A credit card is a payment card issued to users (cardholders) to enable the cardholder to pay a merchant for goods and services based on the cardholder's promise to the card issuer to pay them for the amounts so paid plus the other agreed charges.

New!!: Financial services and Credit card · See more »

Credit union

A credit union is a member-owned financial cooperative, controlled by its members and operated on the principle of people helping people, providing its members credit at competitive rates as well as other financial services.

New!!: Financial services and Credit union · See more »

Custodian bank

A custodian bank, or simply custodian, is a specialized financial institution responsible for safeguarding a firm's or individual's financial assets and is not engaged in "traditional" commercial or consumer/retail banking such as mortgage or personal lending, branch banking, personal accounts, automated teller machines (ATMs) and so forth.

New!!: Financial services and Custodian bank · See more »

Debit card

A debit card (also known as a bank card, plastic card or check card) is a plastic payment card that can be used instead of cash when making purchases.

New!!: Financial services and Debit card · See more »

Debits and credits

In double entry bookkeeping, debits and credits (abbreviated Dr and Cr, respectively) are entries made in account ledgers to record changes in value resulting from business transactions.

New!!: Financial services and Debits and credits · See more »

Debt settlement

Debt settlement, also known as debt arbitration, debt negotiation or credit settlement, is an approach to debt reduction in which the debtor and creditor agree on a reduced balance that will be regarded as payment in full.

New!!: Financial services and Debt settlement · See more »

Discount brokerage

A discount brokerage is a business that charges clients significantly lower fees than a traditional brokerage firm but without providing financial advice.

New!!: Financial services and Discount brokerage · See more »

Earnings

Earnings are the net benefits of a corporation's operation.

New!!: Financial services and Earnings · See more »

Economic capital

In finance, mainly for financial services firms, economic capital is the amount of risk capital, assessed on a realistic basis, which a firm requires to cover the risks that it is running or collecting as a going concern, such as market risk, credit risk, legal risk, and operational risk.

New!!: Financial services and Economic capital · See more »

Economy of London

London, the capital city of the United Kingdom, is the world's leading financial centre for international business and commerce and is one of the "command centres" for the global economy.

New!!: Financial services and Economy of London · See more »

Economy of New York City

The economy of New York City encompasses the largest municipal and regional economy in the United States.

New!!: Financial services and Economy of New York City · See more »

Edinburgh

Edinburgh (Dùn Èideann; Edinburgh) is the capital city of Scotland and one of its 32 council areas.

New!!: Financial services and Edinburgh · See more »

Electronic funds transfer

Electronic funds transfer (EFT) is the electronic transfer of money from one bank account to another, either within a single financial institution or across multiple institutions, via computer-based systems, without the direct intervention of bank staff.

New!!: Financial services and Electronic funds transfer · See more »

Electronic trading platform

In finance, an electronic trading platform also known as an online trading platform, is a computer software program that can be used to place orders for financial products over a network with a financial intermediary.

New!!: Financial services and Electronic trading platform · See more »

Euro

The euro (sign: €; code: EUR) is the official currency of the European Union.

New!!: Financial services and Euro · See more »

Exchange (organized market)

An exchange, or bourse also known as a trading exchange or trading venue, is an organized market where (especially) tradable securities, commodities, foreign exchange, futures, and options contracts are sold and bought.

New!!: Financial services and Exchange (organized market) · See more »

Financial analyst

A financial analyst, securities analyst, research analyst, equity analyst, investment analyst, or rating analyst is a person who performs financial analysis for external or internal financial clients as a core part of the job.

New!!: Financial services and Financial analyst · See more »

Financial centre

A financial centre is a location that is home to a cluster of nationally or internationally significant financial services providers such as banks, investment managers, or stock exchanges.

New!!: Financial services and Financial centre · See more »

Financial crime

Financial crime is crime committed against property, involving the unlawful conversion of the ownership of property (belonging to one person) to one's own personal use and benefit.

New!!: Financial services and Financial crime · See more »

Financial data vendor

A financial data vendor provides market data to financial firms, traders, and investors.

New!!: Financial services and Financial data vendor · See more »

Financial market

A financial market is a market in which people trade financial securities and derivatives such as futures and options at low transaction costs.

New!!: Financial services and Financial market · See more »

Financial services

Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, individual managers and some government-sponsored enterprises.

New!!: Financial services and Financial services · See more »

Financial technology

Financial technology (FinTech or fintech) is the new technology and innovation that aims to compete with traditional financial methods in the delivery of financial services.

New!!: Financial services and Financial technology · See more »

Financialization

Financialization is a term sometimes used to describe the development of financial capitalism during the period from 1980 until 2010, in which debt-to-equity ratios increased and financial services accounted for an increasing share of national income relative to other sectors.

New!!: Financial services and Financialization · See more »

Foreign exchange company

A non-bank foreign exchange company also known as foreign exchange broker or simply forex broker is a company that offers currency exchange and international payments to private individuals and companies.

New!!: Financial services and Foreign exchange company · See more »

Government-sponsored enterprise

A government-sponsored enterprise (GSE) is a type of financial services corporation created by the United States Congress.

New!!: Financial services and Government-sponsored enterprise · See more »

Gramm–Leach–Bliley Act

The Gramm–Leach–Bliley Act (GLBA), also known as the Financial Services Modernization Act of 1999, is an act of the 106th United States Congress (1999–2001).

New!!: Financial services and Gramm–Leach–Bliley Act · See more »

Health insurance

Health insurance is insurance that covers the whole or a part of the risk of a person incurring medical expenses, spreading the risk over a large number of persons.

New!!: Financial services and Health insurance · See more »

Hedge fund

A hedge fund is an investment fund that pools capital from accredited individuals or institutional investors and invests in a variety of assets, often with complex portfolio-construction and risk-management techniques.

New!!: Financial services and Hedge fund · See more »

High-net-worth individual

High-net-worth individual (HNWI) is a term used by some segments of the financial services industry to designate persons whose investible assets (such as stocks and bonds) exceed a given amount.

New!!: Financial services and High-net-worth individual · See more »

Holding company

A holding company is a company that owns other companies' outstanding stock.

New!!: Financial services and Holding company · See more »

Insider threat

An insider threat is a malicious threat to an organization that comes from people within the organization, such as employees, former employees, contractors or business associates, who have inside information concerning the organization's security practices, data and computer systems.

New!!: Financial services and Insider threat · See more »

Insurance

Insurance is a means of protection from financial loss.

New!!: Financial services and Insurance · See more »

Insurance broker

An insurance broker sells, solicits, or negotiates insurance for compensation.

New!!: Financial services and Insurance broker · See more »

Interbank network

An interbank network, also known as an ATM consortium or ATM network, is a computer network that enables ATM cards issued by a financial institution that is a member of the network to be used to perform ATM transactions through ATMs that belong to another member of the network.

New!!: Financial services and Interbank network · See more »

International business

International business refers to the trade of goods, services, technology, capital and/or knowledge at a global level.

New!!: Financial services and International business · See more »

International Monetary Fund

The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., consisting of "189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1945 at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international payment system.

New!!: Financial services and International Monetary Fund · See more »

Investment banking

An investment bank is typically a private company that provides various finance-related and other services to individuals, corporations, and governments such as raising financial capital by underwriting or acting as the client's agent in the issuance of securities.

New!!: Financial services and Investment banking · See more »

Investment fund

An investment fund is a way of investing money alongside other investors in order to benefit from the inherent advantages of working as part of a group.

New!!: Financial services and Investment fund · See more »

Investment management

Investment management is the professional asset management of various securities (shares, bonds and other securities) and other assets (e.g., real estate) in order to meet specified investment goals for the benefit of the investors.

New!!: Financial services and Investment management · See more »

Japan

Japan (日本; Nippon or Nihon; formally 日本国 or Nihon-koku, lit. "State of Japan") is a sovereign island country in East Asia.

New!!: Financial services and Japan · See more »

Life annuity

A life annuity is an annuity, or series of payments at fixed intervals, paid while the purchaser (or annuitant) is alive.

New!!: Financial services and Life annuity · See more »

Life insurance

Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money (the benefit) in exchange for a premium, upon the death of an insured person (often the policy holder).

New!!: Financial services and Life insurance · See more »

List of investment banks

The following list catalogues the largest, most profitable, and otherwise notable investment banks.

New!!: Financial services and List of investment banks · See more »

List of largest financial services companies by revenue

The following is a list of the world's largest publicly traded financial services companies, ordered by annual sales for the latest Fiscal Year that ended March 31, 2017 or prior (in billions of U.S. dollars. Currently all public companies with sales of $25 billion or more are included. Privately held companies are not included.

New!!: Financial services and List of largest financial services companies by revenue · See more »

Lists of banks

Lists of banks are contained in the following articles.

New!!: Financial services and Lists of banks · See more »

Lloyd's of London

Lloyd's of London, generally known simply as Lloyd's, is an insurance market located in London, United Kingdom.

New!!: Financial services and Lloyd's of London · See more »

Loan

In finance, a loan is the lending of money by one or more individuals, organizations, and/or other entities to other individuals, organizations etc.

New!!: Financial services and Loan · See more »

London

London is the capital and most populous city of England and the United Kingdom.

New!!: Financial services and London · See more »

London Stock Exchange

The London Stock Exchange (LSE) is a stock exchange located in the City of London, England.

New!!: Financial services and London Stock Exchange · See more »

Luxembourg

Luxembourg (Lëtzebuerg; Luxembourg, Luxemburg), officially the Grand Duchy of Luxembourg, is a landlocked country in western Europe.

New!!: Financial services and Luxembourg · See more »

Mergers and acquisitions

Mergers and acquisitions (M&A) are transactions in which the ownership of companies, other business organizations, or their operating units are transferred or consolidated with other entities.

New!!: Financial services and Mergers and acquisitions · See more »

Mortgage loan

A mortgage loan, or simply mortgage, is used either by purchasers of real property to raise funds to buy real estate, or alternatively by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged.

New!!: Financial services and Mortgage loan · See more »

Notary

A notary is a person licensed by the government to perform acts in legal affairs, in particular witnessing signatures on documents.

New!!: Financial services and Notary · See more »

Offshore financial centre

An offshore financial centre (OFC) is a jurisdiction specializing in providing corporate and commercial services, such as offshore banking licenses (international banking license) or the incorporation of offshore companies (international business companies).

New!!: Financial services and Offshore financial centre · See more »

Overdraft

An overdraft occurs when money is withdrawn from a bank account and the available balance goes below zero.

New!!: Financial services and Overdraft · See more »

Payment system

A payment system is any system used to settle financial transactions through the transfer of monetary value, and includes the institutions, instruments, people, rules, procedures, standards, and technologies that make such an exchange possible.

New!!: Financial services and Payment system · See more »

Prime brokerage

Prime brokerage is the generic name for a bundled package of services offered by investment banks and securities firms to hedge funds which need the ability to borrow securities and cash in order to be able to invest on a netted basis and achieve an absolute return.

New!!: Financial services and Prime brokerage · See more »

Private banking

Private banking is banking, investment and other financial services provided by banks to high-net-worth individuals (HNWIs) with high levels of income or sizable assets.

New!!: Financial services and Private banking · See more »

Private equity

Private equity typically refers to investment funds organized as limited partnerships that are not publicly traded and whose investors are typically large institutional investors, university endowments, or wealthy individuals.

New!!: Financial services and Private equity · See more »

Property insurance

Property insurance provides protection against most risks to property, such as fire, theft and some weather damage.

New!!: Financial services and Property insurance · See more »

Real-time gross settlement

Real-time gross settlement systems are specialist funds transfer systems where the transfer of money or securities takes place from one bank to another on a "real time" and on a "gross" basis.

New!!: Financial services and Real-time gross settlement · See more »

Registered Investment Adviser

A Registered Investment Adviser (RIA) is a firm that is an Investment adviser in the United States, registered as such with the Securities and Exchange Commission or a state's securities agency.

New!!: Financial services and Registered Investment Adviser · See more »

Reinsurance

Reinsurance is insurance that is purchased by an insurance company.

New!!: Financial services and Reinsurance · See more »

Remittance

A remittance is a transfer of money by a foreign worker to an individual in their home country.

New!!: Financial services and Remittance · See more »

Retail banking

Retail banking, also known as consumer banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking.

New!!: Financial services and Retail banking · See more »

Safe

A safe (also called a strongbox or coffer) is a secure lockable box used for securing valuable objects against theft and/or damage from fire.

New!!: Financial services and Safe · See more »

Security (finance)

A security is a tradable financial asset.

New!!: Financial services and Security (finance) · See more »

Service (economics)

In economics, a service is a transaction in which no physical goods are transferred from the seller to the buyer.

New!!: Financial services and Service (economics) · See more »

Stock

The stock (also capital stock) of a corporation is constituted of the equity stock of its owners.

New!!: Financial services and Stock · See more »

Stock exchange

A stock exchange, securities exchange or bourse, is a facility where stock brokers and traders can buy and sell securities, such as shares of stock and bonds and other financial instruments.

New!!: Financial services and Stock exchange · See more »

Structured finance

Structured finance is a sector of finance, specifically Financial law that manages leverage and risk.

New!!: Financial services and Structured finance · See more »

Takeover

In business, a takeover is the purchase of one company (the target) by another (the acquirer, or bidder).

New!!: Financial services and Takeover · See more »

Tax avoidance

Tax avoidance is the legal usage of the tax regime in a single territory to one's own advantage to reduce the amount of tax that is payable by means that are within the law.

New!!: Financial services and Tax avoidance · See more »

Tokyo

, officially, is one of the 47 prefectures of Japan and has been the capital since 1869.

New!!: Financial services and Tokyo · See more »

Underwriting

Underwriting services are provided by some large specialist financial institutions, such as banks, insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee.

New!!: Financial services and Underwriting · See more »

United Kingdom

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain,Usage is mixed with some organisations, including the and preferring to use Britain as shorthand for Great Britain is a sovereign country in western Europe.

New!!: Financial services and United Kingdom · See more »

United States

The United States of America (USA), commonly known as the United States (U.S.) or America, is a federal republic composed of 50 states, a federal district, five major self-governing territories, and various possessions.

New!!: Financial services and United States · See more »

United States dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its insular territories per the United States Constitution since 1792.

New!!: Financial services and United States dollar · See more »

Universal bank

A universal bank participates in many kinds of banking activities and is both a commercial bank and an investment bank as well as providing other financial services such as insurance.

New!!: Financial services and Universal bank · See more »

Unsecured debt

In finance, unsecured debt refers to any type of debt or general obligation that is not protected by a guarantor, or collateralized by a lien on specific assets of the borrower in the case of a bankruptcy or liquidation or failure to meet the terms for repayment.

New!!: Financial services and Unsecured debt · See more »

Venture capital

Venture capital (VC) is a type of private equity, a form of financing that is provided by firms or funds to small, early-stage, emerging firms that are deemed to have high growth potential, or which have demonstrated high growth (in terms of number of employees, annual revenue, or both).

New!!: Financial services and Venture capital · See more »

Wealth management

Wealth management is an investment-advisory discipline which incorporates financial planning, investment portfolio management and a number of aggregated financial services.

New!!: Financial services and Wealth management · See more »

Wire transfer

Wire transfer, bank transfer or credit transfer is a method of electronic funds transfer from one person or entity to another.

New!!: Financial services and Wire transfer · See more »

World currency

In the foreign exchange market and international finance, a world currency, supranational currency, or global currency refers to a currency that is transacted internationally, with no set borders.

New!!: Financial services and World currency · See more »

Redirects here:

Finance and Insurance, Finance and insurance, Finance industry, Financial Services, Financial Services Industry, Financial export, Financial industry, Financial product, Financial products, Financial sector, Financial service, Financial service industry, Financial services conglomerate, Financial services industry.

References

[1] https://en.wikipedia.org/wiki/Financial_services

OutgoingIncoming
Hey! We are on Facebook now! »