What does financial system mean?
Definitions for financial system
fi·nan·cial sys·tem
This dictionary definitions page includes all the possible meanings, example usage and translations of the word financial system.
Wikipedia
Financial system
A 'financial system' is a system that allows the exchange of funds between lenders, investors, and borrowers. Financial systems operate at national and global levels. They consist of complex, closely related services, markets, and institutions intended to provide an efficient and regular linkage between investors and depositors.Money, credit, and finance are used as medium of exchange in financial systems. They serve as a medium of known value for which goods and services can be exchanged as an alternative to bartering. A modern financial system may include banks (public sector or private sector), financial markets, financial instruments, and financial services. Financial systems allow funds to be allocated, invested, or moved between economic sectors. They enable individuals and companies to share the associated risks.As an alternative to bartering, a modern financial systems may include banks, financial markets, financial instruments and financial services.
Numerology
Chaldean Numerology
The numerical value of financial system in Chaldean Numerology is: 3
Pythagorean Numerology
The numerical value of financial system in Pythagorean Numerology is: 8
Examples of financial system in a Sentence
Any plan to further reform our financial system must include strong provisions to tackle risks in the ‘shadow banking’ sector, which remains a critical source of instability in our economy.
The invention of bitcoin and the underlying blockchain [ that supports it ] has allowed us all to reimagine money, we are seeing a new parallel financial system being built in real time.
Inevitably there will be some impact because economic activity is interlinked, but the financial system is now better capitalized than in 2008 and the actions of governments and central banks will be key in determining the ability of the economy to rebound.
Some emerging countries have concerns on what could happen if stablecoins backed by a huge customer base become widely used globally, but this is not just a problem for emerging economies. It could have a broader impact on monetary policy and financial system stability.
Fundamentally our financial system should not provide the rich, the powerful, and the corrupt with the opportunity to shield their assets.
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"financial system." Definitions.net. STANDS4 LLC, 2024. Web. 24 Nov. 2024. <https://www.definitions.net/definition/financial+system>.
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