Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
10 Cards in this Set
- Front
- Back
|
bank examiner
|
a person who audits the financial condition and overall safety and soundness of a bank by its regulators
|
|
|
certificates of deposit (CDs)
|
deposits with specific maturities, also referred to as time deposits
|
|
|
comptroller of the currency
|
the primary regulator of nationally chartered commercial banks
|
|
|
Federal Deposit Insurance Corporation (FDIC)
|
a federal agency that insures deposits at commercial banks, savings banks and savings and loan associations. It also examines and supervises state-chartered commercial banks that are not members of the Federal Reserve System
|
|
|
Federal Reserve (the Fed)
|
the central banking system and monetary authority of the United States, made up of regional Federal Reserve banks and the Federal Reserve Board of Governors, which supervises and examines state-chartered member banks, regulates bank holding companies, and is responsible for the conduct of monetary policy
|
|
|
financial institutions
|
institutions which engage in activities associated with either the financial markets or the intermediated markets
|
|
|
financial markets
|
markets in which financial assets can be traded
|
|
|
Government National Mortgage Association (GNMA)
|
a division of the U.S. Department of Housing and Urban Development that insures pools of FHA and VA mortgages
|
|
|
GNMA pass through security
|
claims to a pool of FHA-VA mortgages insured by the Government National Mortgage Association
|
|
|
money
|
whatever is used as a medium of exchange, unit of account, and store of value
|
