INTERNATIONAL COLLEGE OF PHILSOUTH

3rd Grading Examination

January 16, 2020

Name: ______________________________________ Grade/Section: __________ Subject: _________

I.
1. _________ is the study of money and money management. study of money and money management.
2. __________ is the process of determining what an asset is currently worth.
3. _________ is a form of business and corporate taxation that has only one owner.
4. __________ is anything that is generally accepted in payment for goods and services or for the retirement
of debt.
5. The ease with which an asset may be converted into money is its ________.
6. ___________ borrowers borrow directly from lenders in financial markets by selling financial instruments
which are claims on the borrower’s future income or assets.
7. ____________ are places where financial instruments are bought and sold.
8. ____________ something of value that you own.
9. ___________ an institution stands between lender and borrower.
10. ___________ is what makes financial markets work.
II.
1-3. (Forms of Business and Corporate Taxation)
4-5. (Segments of Financial Markets)
6-7. (Structure of Financial Markets)
8-9. (Two fundamental classes of financial instruments)
10-12. (Role of Financial Markets)
13-16. (Financial Markets Funds Transferees- in Lender-Savers)
17-20. (Financial Markets Funds Transferees- in Borrower-Spenders)

III.
1. What is finance?
2. What is the role of money?
3. What is the role of interest rates?