Original language | English |
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Title of host publication | Encyclopedia of Law and Economics |
Editors | Alain Marciano, Giovanni Battista Ramello |
Publisher | Springer Link |
Edition | Living Edition |
DOIs | |
Publication status | Published - 20 Nov 2018 |
Abstract
Banks are financial intermediaries between economic agents with surplus funds and those with a shortage of funds and convert short-term deposits into long-term loans.