Flashcards: Financial services

Socially responsible investing (SRI), or Social investment is also known as sustainable, socially conscious, "green" or ethical investing, is any investment strategy which seeks to consider both financial return and social good to bring about a social change.

A collateralized debt obligation (CDO) is a type of structured asset-backed security (ABS).

An investment fund is a way of investing money alongside other investors in order to benefit from the inherent advantages of working as part of a group.

In trade finance, forfaiting is a financial transaction involving the purchase of receivables from exporters by a forfaiter.

A collection agency, also known as a debt collector, is a business or other entity that specializes in debt collection, i.

A financial adviser (or advisor) is a professional who renders financial services to clients.

Pensions in the United Kingdom fall into three major divisions and 7 sub-divisions, including both defined-benefit and defined-contribution: * State Pensions * Basic State Pension * State Second Pension (S2P) * Occupational Pensions * Defined Benefit Pension * Defined Contribution Pension * Individual/Personal Pensions * Stakeholder Pensions * Group Personal Pensions * Self-Invested Personal Pension Personal accounts, automatic enrolment and the minimum employer contribution will be new policies joining these from 2012.

Susu collectors are a traditional form of financial intermediaries in Africa, predominantly in Ghana.

The savings and loan crisis of the 1980s and 1990s (commonly dubbed the S&L crisis) was the failure of 1,043 out of the 3,234 savings and loan associations in the United States from 1986 to 1995: the Federal Savings and Loan Insurance Corporation (FSLIC) closed or otherwise resolved 296 institutions from 1986 to 1989 and the Resolution Trust Corporation (RTC) closed or otherwise resolved 747 institutions from 1989 to 1995.

An index fund (also index tracker) is a mutual fund or exchange-traded fund (ETF) with specific rules of construction that are adhered to regardless of market conditions.

Alternative financial services (AFS) are financial services provided outside traditional banking institutions, on which many low-income individuals depend.

Private equity funds and hedge funds are private investment vehicles used to pool investment capital, usually for a small group of large institutional or wealthy individual investors.

Alternative finance refers to financial channels and instruments that have emerged outside of the traditional finance system such as regulated banks and capital markets.

In financial services, a broker-dealer is a natural person, a company or other organization that engages in the business of trading securities for its own account or on behalf of its customers.

Global supply-chain finance refers to the set of solutions available for financing specific goods and/or products as they move from origin to destination along the supply chain.

Social trading is the process through which online financial investors rely on user generated financial content gathered from various Web 2.

Hypothecation is the practice where (usually through a letter of hypothecation) a debtor pledges collateral to secure a debt or as a condition precedent to the debt, or a third party pledges collateral for the debtor.