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

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