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