Financial system

Financial systems allow funds to be allocated, invested, or moved between economic sectors, and they enable individuals and companies to share the associated risks.

They are typically regulated heavily, as they provide market stability and consumer protection.

The term "market" typically means the institution of aggregate exchanges of possible buyers and sellers of such items.

The secondary market refers to transactions in financial instruments that were previously issued.

[9] Financial services are offered by a large number of businesses that encompass the finance industry.

UML class diagram depicting a banking system