Chapter 12 General Business

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