Replacement of the use of financial intermediaries by direct contact between the providers and users of capital.
An explanation of Permanent Interest Bearing Shares, their purposes, characteristics, and significance in financial management, especially for mutual institutions like building societies.
A company whose shares are accepted for trading on a stock exchange, facilitating easier capital raising due to increased share marketability.
A stock exchange founded in 1990 and based in Shanghai, providing a market for trade in equities, bonds, funds, and derivatives.
