Meanings
the set of institutions, such as banks, insurance companies, and stock exchanges, that allow the exchange of funds between lenders, investors, and borrowers.
The financial system plays a crucial role in the economy by facilitating the flow of funds.
Synonyms
Antonyms
the framework of legal and regulatory measures that govern financial transactions and institutions.
Reforms in the financial system are necessary to prevent future economic crises.
Synonyms
Antonyms
Last updated: 2025/01/11 11:51