nondepository financial institution
Noun
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A financial institution that funds their investment activities from the sale of securities or insurance (synset 108436941)
is a type of: financial institution, financial organisation, financial organization - an institution (public or private) that collects funds (from the public or other institutions) and invests them in financial assetssubtypes:
- brokerage, brokerage firm, securities firm - a stock broker's business; charges a fee to act as intermediary between buyer and seller
- insurance company, insurance firm, insurance underwriter, insurer, underwriter - a financial institution that sells insurance
- pension fund - a financial institution that collects regular contributions from employers to provide retirement income for employees
- fund, investment company, investment firm, investment trust - a financial institution that sells shares to individuals and invests in securities issued by other companies
- finance company - a financial institution (often affiliated with a holding company or manufacturer) that makes loans to individuals or businesses
belongs to: market, securities industry - the securities markets in the aggregate
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