Chapter 12 General Business

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Across
  1. 1. Something valuable put up for a loan that the bank can take if the loan is not payed back
  2. 2. Deed to give lender the property if the mortgage loan is not payed back
  3. 5. Type of account used to access money easily
  4. 6. Used to store valuable items
  5. 9. Rate a bank pays you for keeping your money at a bank
  6. 10. Central banking organization in the U.S
  7. 11. Type of account used to store money for a long period of time
  8. 13. Record of how much money someone puts in or takes out of a bank
  9. 15. The banking system is an example of this
Down
  1. 1. ype of bank that operates to make a profit; also called full service banks
  2. 3. Money taken out of the bank
  3. 4. Used to transfer money from one account to another using computers
  4. 7. Money put in the bank
  5. 8. Exchanging goods and services for other goods and services indirectly by using money
  6. 12. Type of nonprofit bank that is set up by organizations for their members to use
  7. 13. Trading goods or services directly with other goods or services
  8. 14. Anything people accept as a standard of payment