6200/6600 Principles of Business and Finance Summer 2010 Page258Name: ______________________ Class: _______ Date: _______
Very Important Business Terms Activity
Directions: In the right-hand column below, describe why the terms listed in the left-hand column are important to financial institutions and services.
Very Important Business TermsWhy the term is important to the topic:Financial institutions
Commercial bankExample:Commercial banks provide avariety of services;therefore, they can serve individuals andbusinesses. Banks that offer full services mayhave specialized departments that process loansand real estate activities.Deposit institutionsNon-deposit intermediaries