Terms
40 new/unreviewed 40 total
Term
What is the main puzzle of financial structure?
Definition
Why indirect finance (via intermediaries) dominates direct finance.
New/Unreviewed
Term
What is indirect finance?
Definition
Borrowing and lending through financial intermediaries.
New/Unreviewed
Term
What is asymmetric information?
Definition
When one party has more or better information than the other in a transaction.
New/Unreviewed
Practice Tests
0 total
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