Two Main Types Of Bank Deposits example essay topic
408 words
In earlier times people only accepted bank notes as money because they were convertible into gold. Nowadays everything have changed, money has become a commodity and its always accepted as that if it possesses some properties such as durability, portability, divisibility and if it is limited in supply. Money Supply consists on bank deposits, bank notes and coins. Bank deposits can be converted into cash because of two reasons: on demand or just after some period of notice. These bank deposits are created when notes and coin are paid into a bank and when a bank makes a loan. Banks assets are mostly financial assets.
The reason I say mostly and not all, is because banks possess valuable real assets such as computers, etc... These financial assets are a form of claim against individuals or firms. Banks Liabilities consists of the deposits the bank has. In this case these deposits are claims against the bank. There are two main types of bank deposits: Current accounts, that is when a person can withdraw cash on demand and can make payments by cheque, in this type of deposit interest is not usually paid on money. The other type is time deposits, in this case money earns interest but people can't withdraw cash on demand for a period of time given by the bank.
The Bank of England is the most important bank in the UK, it is the government's bank, the bankers bank, it is responsible for managing the National Debt and is responsible for carrying out the government's monetary policy. If there is a shortage of cash in the banking system the Bank of England will come to the aid of other banks. The banks have two main objects profitability and liquidity. Liquidity is the speed and time that takes to turn an asset to cash.
Profitability refers to the ability that money has make profits. The price of a loan is the rate of interest people have to pay for it. So the enthusiasm of people to borrow from the bank is limited to changes in this rate. Fiduciary Money is the money that the bank does not have but really it will earn it in the future because of interests. Monetary Supply is the control of changes in the rate of interest and in the money supply.
Things every student should keep in mind
- Free example essays found anywhere online are available to anyone, which makes them used, re-used, paraphrased, and abused millions of times.
- Watch out, some are poorly written!
- We strongly discourage you to submit free essays or any of their parts for credit at your school -- they are easily detected by PLAGIARISM CHECKERS.
- Get a brand-new, 100% original paper that will be written especially for you following YOUR EXACT instructions.
100% money back, no questions asked if you paper is plagiarized (this won't happen anyway).
We use a simple but effective principle: one satisfied customer will come back for more, but one who was cheated and misled will tell 10 others too.
Our clients are treated with the highest level of respect that a legitimate student deserves. You, as a customer, will feel this attitude starting from your first contact with our essay service and all the way through.
A significant percentage of cheap essay writing services have also been the source of complaints from students for selling cut and pasted work off the net -- this is a world away from the personalized essay service that EssayPride offers. All our guarantees are always kept -- we are nothing without quality, affordable prices, and the high degree of customer satisfaction!
What our customers say
Piotr S.
Toronto, Canada
I am an ESL student and I am only learning how to write good papers in English. Thanks to EssayPride I am mastering this skill much faster. They help me because they always respond any questions and explain me things I do not understand. They also strictly follow the deadlines and I am never late with my assignments. Thank you very much, guys, your hard work is appreciated. I will surely be ordering more.
Lindsay M.
Winston Salem, NC
Oh my Gosh! My life has become sooo much easier after I've come across this website. I am a working student, so sometimes I am too overwhelmed with so many things and I really need a hand with my papers. I am glad I have found a company I can trust. I have confidence in these guys, because they proved to be good quite a few times.
Kirk N.
Austin, TX
I never leave reviews for products or services because I am quite particular and picky. Surprisingly enough, EssayPride has managed to satisfy all of my requirements, even though I asked for several alterations to the paper they've sent initially. My assignments are quite complicated and it is essential to possess a certain level of knowledge in order to write a decent paper. These guys have managed, so I give them four stars.
Emma Ch.
Birmingham, UK
Customer service is very responsive to your queries, they answer any question within an hour. Even if you have a problem with an order, you can contact them and they will fix it promptly. The quality of writing is very good, writer knows what he is talking about. I had a very positive experience using this website, I will be a returning customer.
Travis J.
Perth, Australia
I used this website more than once and every time my experience turned out to be extremely positive. I think their price-quality ratio is very good, because I couldn't find anyone writing better than these guys, who would work for this money. Thank you!
Myung O.
Seoul, South Korea
I am a Korean student studying in the US. I would like to thank essaypride staff, especially writer Jeff P., for helping me out so much. My grades are good with all your help and I keep calm about the results of my year.
Boyi Zh.
St. Louis, MO
As probably any student, I was quite hesitant about asking somebody else to do my assignments at first. However, after EssayPride has sent me my first paper and I've read it, I understood that I could actually learn a lot from them. The research they've done was impressive and I understood the topic even better than after going to class and reading my textbook. I am not using this website to "cheat", I am using it as a tutoring service, they help me to understand the material better.
