Exam 29: Non-Bank Finance

Which of the following funds make investments in established businesses?

Farm Credit Canada sources its funds from ________.

When a publicly traded firm is taken private by buying all of its shares, while financing the purchase by increasing the debt of the firm, this is called ________.

The conversion of insurance companies from being owned by policy holders to stock holders is known as ________.

Mutual funds are regulated by ________.

An investment intermediary that lends funds to consumers is ________.

Business finance companies also specialize in ________.

When a firm is issuing new securities, this is called a(n)________.

CMHC provides funds to the mortgage market by ________.

The Greek debt crisis increased ________.

What is coinsurance? Provide an example.

Issuing a ________ is the same as providing insurance on the debt instrument because, just like insurance, it makes a payment to the holder when there is a negative credit event.

Who assists in the initial sale of securities in the primary market?

Which of the following is likely to occur if lawsuits involving Property and Casualty insurance and amounts awarded rise dramatically?

The only insurance companies that are allowed to provide insurance that guarantees the timely repayment of bond principal and interest when a debt issuer defaults are ________.

Which of the following is true about hedge funds?

To stimulate the export of Canadian goods and services, the government established ________.

The Business Development Bank of Canada raises money by ________.

Venture capital firms ________.

How does the economic concept of moral hazard apply to the lending activities of insurers? Provide an example.