December 2015
Intermediate to advanced
313 pages
16h 2m
English
Content preview from International Business, 2nd Edition by Pearson
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International Financial System 143
International Capital Market
A capital market is the place where investors and
borrowers meet, generally with the assistance of
brokers. Investors may be individuals, companies or
institutions—such as insurance companies, super-
annuation funds and the like—who have money to
invest. Borrowers may be individuals, companies or governments who need money to create goods and
services needed by society. Brokers in the capital market may be financial institutions such as the short-
term money market, life insurance oces, building societies, finance companies, credit unions, savings
and trading banks, commercial banks ...
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