Financial institution
Term · Law · MLC-T-LAW-002125
An establishment that conducts financial transactions, such as investments, loans, and deposits. These institutions serve as intermediaries between savers and borrowers, facilitating the flow of capital in the economy. Examples include banks, credit unions, insurance companies, and brokerage firms, which are subject to extensive government regulation.
| Identifier | MLC-T-LAW-002125 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-002125",
"term": "Financial institution",
"field": "Law",
"definition": "An establishment that conducts financial transactions, such as investments, loans, and deposits. These institutions serve as intermediaries between savers and borrowers, facilitating the flow of capital in the economy. Examples include banks, credit unions, insurance companies, and brokerage firms, which are subject to extensive government regulation.",
"url": "https://mlchart.com/terminology/law/financial-institution/"
}
Record 2,030 of 5,439 in Law terminology (MLC-0107). Request the full dataset.