Nondepository Financial Institution — definition

1. nondepository financial institution (Noun)

1 definition

nondepository financial institution (Noun) — A financial institution that funds their investment activities from the sale of securities or insurance.

3 types of
financial institution financial organisation financial organization
14 types
brokerage brokerage firm finance company fund insurance company insurance firm insurance underwriter insurer investment company investment firm investment trust pension fund securities firm underwriter
2 parts of
market securities industry