15.1 crossword puzzle

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Across
  1. 7. what EFT stands for; a transfer of money from one bank account to another
  2. 8. to exchange one good or service for another good or service
  3. 11. cards allows customers to pay for purchases directly from their checking accounts
  4. 13. a type of security that pays interest over terms ranging from two to ten years
  5. 16. a document guaranteeing payment of a specific amount of money
  6. 18. a type of security that pays interest over terms of ten to thirty years
  7. 19. the process of transferring money from one individual or organization to another
  8. 21. anything of value that is accepted in return for goods and services
  9. 23. a security that matures in a year or less
  10. 26. a function of money in the economy in which it is a common measure of the worth or price of a good or service
  11. 27. coins or banknotes that must be accepted for all debts
Down
  1. 1. a system by which a government provides money in a country's economy
  2. 2. the concept that the value of a dollar today is worth more than the value of a dollar in the future
  3. 3. a financial investment issued by that government, a corporation, or other oganizations
  4. 4. a function of money in the economy in which it can be saved and used at a later date
  5. 5. paper money and coins
  6. 6. a function of money in the economy in which it is needed for exchange of goods and services needed by individuals, businesses, and governments
  7. 9. short for The Federal Reserve System
  8. 10. a property of money in which it is able to be divided into smaller units
  9. 12. a property of money in which people are able to carry money
  10. 14. a plastic card that allows the holder to make credit purchases up to an authorized amount
  11. 15. another word for money
  12. 17. comprises the Federal Reserve's actions and communications to promote maximum employment, stable prices, and moderate long-term interest rates
  13. 20. any national bank, State bank, banking association, or trust company that is a member of the Federal Reserve System
  14. 22. a property of money in which it is made of a strong and lasting material
  15. 24. a property of money in which it is authentic money immediately recognizable
  16. 25. a property of money in which it maintains its value over time in order for it to be widely accepted