Banking

5. occurs when you authorize someone to take money out of your bank account automatically to satisfy some financial obligation.
6. a type of check written to a specific payee but charged against the bank instead of your account.
8. check written with no payee specified that are accepted around the world.
9. public tax on income that funds the retired or disabled.
10. money borrowed with the understanding that it will be paid back; often with interest.

1. the amount of yearly interest owed as a percentage.
2. purchased for cash so that the recipient can trust that they are worth what they say they are.
3. alternative to paying with cash where memorizing a four-digit code is required to make purchases.
4. initial amount of money loaned or invested.
7. occurs when the amount of money in circulation increases.