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financial service

 

Definitions from the Web

Term: Financial Service

Description:

A financial service refers to the services provided by companies and institutions that handle monetary transactions, investment advice, and management of financial assets. These services can be offered by banks, credit unions, insurance companies, brokerage firms, and other financial institutions.

Sample Sentences:

  • John visited his local bank to inquire about various financial services such as loans, savings accounts, and investment opportunities.
  • The financial service industry plays a crucial role in the economy by facilitating the flow of capital and enabling individuals and businesses to manage their finances effectively.
  • The financial services of XYZ Company encompass a wide range of offerings, including asset management, retirement planning, and insurance coverage.

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