Economics GCSE
Saving and borrowing
What Saving and borrowing means in Economics GCSE, as defined for AQA.
Definition of Saving and borrowing
Check what you remember
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Reference: AQA
A service for savers and borrowers, where savers deposit funds and earn interest and borrowers receive loans and mortgages.
Topics that use Saving and borrowing
Related terms
- Bank of England
- Building societies
- Business investment
- Central banking
- Commercial banking
- Financial institutions
- Financial intermediation
- Financial sector
Using Saving and borrowing in the exam
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