Financial services corporation
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Financial services corporation (alternatively known as financial service corporation) is the financial institution that is a corporation that offers a wide range of financial services such as brokerage operations, insurance, and commercial banking.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Financial service corporation. A corporation that offers a wide range of financial services such as brokerage operations, insurance, and commercial banking.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Financial services corporation. A firm that offers a wide range of financial services, including investment banking, brokerage operations, insurance, and commercial banking.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.