The Money Market
Across
- 2. A situation in which there isn't enough money in an account to cover a transaction or withdrawal, but the bank allows the transaction anyway, charging interest on the loan.
- 4. A financial institution that accepts deposits, offers checking account services, makes various loans, and offers basic financial products like certificates of deposit (CDs) and savings accounts to individuals and small businesses.
- 8. A debt security issued by a government to support government spending and obligations.
- 12. A loan used to purchase or maintain a home, land, or other types of real estate.
- 15. A liquid asset that gets its value from a contractual right or ownership claim.
- 17. Units of equity ownership in a corporation.
- 18. A financial services company that acts as an intermediary in large and complex financial transactions.
- 19. The deposit of funds electronically into a bank account rather than through a physical, paper check.
- 21. Legal tender that can be used to exchange goods, debts, or services.
- 22. The amount a lender charges a borrower and is a percentage of the principal (the amount loaned).
Down
- 1. Money placed into banking institutions for safekeeping.
- 3. A company engaged in the business of dealing with financial and monetary transactions such as deposits, loans, investments, and currency exchange.
- 5. Trading in very short-term debt investments.
- 6. An item of economic, commercial, or exchange value that has a material existence,
- 7. An amount of money an individual can borrow to use for a variety of purposes.
- 9. An interest-bearing deposit account held at a bank or other financial institution.
- 10. An account that records a nation's transactions with the rest of the world, specifically its net trade in goods and services.
- 11. A payment card that deducts money directly from a consumer's checking account when it is used.
- 13. An asset that can be easily converted into cash in a short amount of time.
- 14. A debt-based funding arrangement between a business and a financial institution such as a bank.
- 16. Financial activities that adhere to Shariah law.
- 20. A payment card that allows cardholders to borrow funds with which to pay for goods and services with merchants that accept cards for payment.