financial services
Banks and insurers
Financial services is the industry encompassing businesses that manage money—banks, insurance companies, investment firms, credit card issuers, and the like.
The term functions as a sector label in business and economics: She works in financial services.
It covers everything from checking accounts to complex derivatives trading.
Ownership stakes or inventory
- bondsTies that unite
- mutual fundsCollectively managed securities portfolios
- portfolioCollected works or assets
- dividendsProfits paid to shareholders
securities · equities · brokerage · asset allocation · index funds · commodities · venture capital · private equity
Records of transactions
- savingsAccumulated money kept
- loansBorrowed money arrangements
- mortgagesLoans secured by property
- depositsMaterial settled or stored
checking · transfers · branch · teller · ATM · overdraft · interest · credit
Giving expert advice professionally
- complianceAdhering to requirements
- auditFormal accounts examination
- taxationCompulsory government revenue collection
- due diligencePre-transaction reasonable care
risk assessment · mergers and acquisitions · restructuring · valuation · governance · regulatory · estate planning · retirement planning
Adopted principle of action
- premiumAdded cost for better
- coverageExtent of inclusion
- claimStatement of ownership or truth
- underwritingRisk evaluation and acceptance
actuary · reinsurance · deductible · beneficiary · liability · adjuster · indemnity · annuity
Borrowed-money payment tools
- debit cardsDirect-withdrawal payment method
- wire transfersElectronic fund transmissions
- remittanceFunds sent elsewhere
- point of saleTransaction completion location
interchange · settlement · clearing house · acquiring · chargebacks · payment processing · money transfer · billing
Cryptographic linked transaction record
- cryptocurrencyEncrypted decentralized money
- mobile paymentsPurchases via portable devices
- digital walletVirtual payment storage
- neobankingBranchless online financial services
robo-advisor · peer-to-peer lending · payment gateway · contactless payment · open banking · crowdfunding · smart contracts · biometric authentication
Credit for vehicle purchases
- student loansBorrowed funds for tuition
- credit linesPreapproved borrowing limits
- installmentPeriodic partial payment
- interest rateCost of borrowing money
principal · amortization · collateral · debt servicing · payday loans · credit scoring · loan underwriting · default
stocks
Ownership stakes or inventory
- bondsTies that unite
- mutual fundsCollectively managed securities portfolios
- portfolioCollected works or assets
dividends · securities · equities · brokerage · asset allocation · index funds · commodities · venture capital · private equity · hedge funds
accounts
Records of transactions
deposits · checking · transfers · branch · teller · ATM · overdraft · interest · credit · debit
consulting
Giving expert advice professionally
- complianceAdhering to requirements
- auditFormal accounts examination
- taxationCompulsory government revenue collection
due diligence · risk assessment · mergers and acquisitions · restructuring · valuation · governance · regulatory · estate planning · retirement planning · fiduciary duty
policy
Adopted principle of action
underwriting · actuary · reinsurance · deductible · beneficiary · liability · adjuster · indemnity · annuity · broker
credit cards
Borrowed-money payment tools
- debit cardsDirect-withdrawal payment method
- wire transfersElectronic fund transmissions
- remittanceFunds sent elsewhere
point of sale · interchange · settlement · clearing house · acquiring · chargebacks · payment processing · money transfer · billing
blockchain
Cryptographic linked transaction record
- cryptocurrencyEncrypted decentralized money
- mobile paymentsPurchases via portable devices
- digital walletVirtual payment storage
neobanking · robo-advisor · peer-to-peer lending · payment gateway · contactless payment · open banking · crowdfunding · smart contracts · biometric authentication · buy now pay later
auto loans
Credit for vehicle purchases
- student loansBorrowed funds for tuition
- credit linesPreapproved borrowing limits
- installmentPeriodic partial payment
interest rate · principal · amortization · collateral · debt servicing · payday loans · credit scoring · loan underwriting · default · forbearance
- financebank, CFO, banks, controller, treasurer
- industriesbusiness, factories, education, health, supply chain
- Swiss ExportsSwiss watches, Swiss chocolate, Swiss banks, Rolex, Lindt
- business servicesconsulting, software, legal services, coaching, training
- Finance WorldWall Street, stock exchange, stock exchanges, banks, central banks
- global financeinternational banking, central banks, capital flows, exchange rates, foreign exchange
financial servicestangible goods
Products with physical presence
durable goods · commodities · raw materials · merchandise · hardware
financial servicesmanufacturing
Industrial product creation
agriculture · heavy industry · mining · farming · construction
financial servicesbarter economy
Trade without money
goods and services · subsistence economy · gift economy · skilled trades · volunteer work
service, finance, finances, financial, financing, financed, servitude, financier, financially