Chapter 2 words
Across
- 2. a precious shiny grayish-white metal
- 3. bad time on wall street
- 5. role is to control the supply of currency and banking system
- 7. half types of financial institutions
- 9. a yellow precious metal
- 10. loan from an investor to a borrower such as a company or government
- 12. let you pool your money with other investors to "mutually" buy stocks, bonds, and other investments
- 14. measures to make money grow
- 16. a medium of exchange for goods and services
- 19. paper currency
- 20. half types of financial institutions
- 23. a broker who buys and sells securities on a stock exchange on behalf of clients
- 24. signed the National Banking Act
- 26. the world's largest stock exchange
- 29. interest earned on original deposit and on interest earned by initial deposit
- 30. allows investors to buy and sell stocks over a computer network
Down
- 1. good time on wall street
- 4. Federal Government issued legal tenders
- 6. putting money aside so it will be there when you need it
- 8. several exchanges in which shares of publicly held companies are bought and sold
- 11. securities that are not listed on a major exchange in the United States and are instead traded via a broker-dealer network
- 13. distribution of a company's earnings to its shareholders
- 15. security that represents ownership within a fraction of the issuing company
- 17. paper money
- 18. a current medium of exchange in the form of coins and banknotes
- 19. cash or liquid assets being held or obtained for expenditures
- 21. an obligation that requires one party, the debtor, to pay money or other agreed-upon value
- 22. general increase in the prices of goods and services in an economy
- 25. When a private company first sells shares of stock to the public
- 27. first form of money for Chinese
- 28. form of money in shape of circle