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Home > QFINANCE Dictionary > Definition of financial supermarket

Definition of

financial supermarket

Finance

firm providing many different financial services a company that offers a variety of financial services. For example, a bank may offer loans, mortgages, retirement plans, and insurance alongside its existing range of normal banking services.

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    as financial services, and even cars. This trend is being driven by various factors. For example, in many countries, there are now so many supermarkets that the market has reached saturation point. In addition, items such as electronics offer higher margins than traditional groceries.

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    By comparing a company’s current assets with its current liabilities, the current ratio reflects its ability to pay its upcoming bills in the unlikely event of all creditors demanding payment at once. It has long been the measurement of choice among financial institutions and lenders.

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    Dealing with “products” (whether coffee or financial) requires an understanding of:
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    outlets. Other organizations, such as supermarkets, have now entered the banking sector and also offer a wide range of banking services.

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Definitions of ’financial supermarket’ and meaning of ’financial supermarket’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’financial supermarket’ and other financial terms with our online QFINANCE Financial Dictionary.

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