TY  - BOOK
AU  - Mishkin, Frederic S, Stanley G. Eakins
TI  - Financial markets and institutions 
SN  - 9781292215006
U1  - 332.1 
PY  - 2020///
CY  - New York
PB  - Pearson
KW  - Payments mechanism, Security trading,	Transmutation, Risk diversification Portfolio management
N1  - Time preference refers to the value of money spent now relative to money available for spending in the future. Businesses are frequently making decisions among short-term and long-term uses of funds, and business executives must judge between outlays which provide a return in the near term and those which pay off many years from now. They must decide upon commitments requiring funds now and those requiring funds later, by allocating not only funds that they expect to receive currently, but also those that they expect to receive in the future.; Included Glossary and Index
ER  -