Economics B A-Level
Financial institutions
What Financial institutions means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Financial institutions
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Read the wording for your board, then hide it and explain Financial institutions in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Traditional organisations such as banks that provide structured credit facilities, including commercial loans, mortgages and overdrafts.
Topics that use Financial institutions
- Types and sources of credit and the impact of credit within the economy (Pearson Edexcel A-Level)
Related terms
Using Financial institutions in the exam
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