Ch 14 Intro to Business

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Across
  1. 1. The transmission of funds from one bank account to another bank account
  2. 4. Currency that is paper money
  3. 5. Any type of misappropriation of business funds
  4. 6. A type of government bond that can be purchased for a minimum of $25 and maximum of $10,000; annual interest rate created from a fixed rate and a semiannual inflation rate, which protects against inflation
  5. 9. A type of government bond that can be purchased for a minimum of $25 and maximum of $10,000 per calendar year; pays interest for up to 30 years
  6. 12. The principle that money is an asset that holds its value over time and can be used for future transactions
  7. 13. Money that a financial institution or business will allow someone to use to obtain goods or services before payment, with the understanding that the money will be paid back in the future
  8. 14. Attempting to avoid paying the required amount of taxes
  9. 15. The common value amount of goods and services
Down
  1. 2. A type of US government bond with maturity of not less than one year or more than ten years; sold in increments of $100 with a minimum purchase of $100
  2. 3. Interest-bearing certificates of public or private indebtedness
  3. 4. Allows the cardholder to use funds from a credit card company up to a certain limit and with specific rules for paying back the money
  4. 7. Money is deducted directly from the consumer’s checking account when a purchase is made
  5. 8. The transfer of money between individuals or businesses; it is often referred to as financial exchange
  6. 10. A paper issued by a central bank that states the holder may be paid a specific amount of money
  7. 11. A written, legal document that orders your bank to pay a sum of money out of your account to a specified person or business
  8. 12. An instrument of investment