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About Savings...

What is a bank?
A bank is an institution, that is a financial organization, the purpose of which is to mediate financial affairs and provide various financial services. Banks are very important part of every economy system. There is a central bank the task of which is controlling financial affairs and setting the rules, and commercial banks the tasks of which are developing the financial market and in consequence ensuring the state economy functions in accordance with the given rules.

What is a stock market?
A stock market is a place organized for trading stocks, money, shares… or for trading certain goods and services. It is set up to ensure greater transparency in goods and services, and money and stock exchange.
The stock market business is conducted by the market agents (brokers), and is organized according to special regulations.


What are stocks?
Stocks are bonds or equities through which stockholders take part in joint stock companies. They prove ownership over certain parts of joint stock companies. The stockholders are shareholders, that is co-owners of the company. The rights of the stockholders in a certain company depend on the nature and the amount of stocks he or she owns. The prices of the stocks are fixed according to the laws of supply and demand, and stock markets are places in which stocks can be bought and sold.

What is money?
Money is the basic means for goods and services exchange, that is, the means for the purchase of goods and services. It occurred out of the need to get the real counter value for certain goods and stayed irreplaceable till our times. Moreover, the functioning of our society and economy would be completely unimaginable without it.The money value fluctuates according to the changes in financial and social affairs in the world. The government machinery executes and controls the emission of money and balances its supply and demand.

What is saving?
Saving means putting money or other values aside. By cutting off our life expenses we decrease expenditure and increase income. In such a way we accumulate money that can then be used in various ways. Gathered funds can then be invested or rearranged for covering more important affairs, which consequentially increases our life quality. Saving can be individual, family saving, forced or voluntary saving. It is very significant for every country and thus often encouraged by governments.