Econ

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Across
  1. 4. A bank that issues banknotes and coins and controls a country's monetary system
  2. 5. what people exchange money for
  3. 7. one of the characteristics of money where it doesn't break easily
  4. 9. a form of payment that is a written order from the drawer to their bank to pay a specific amount to the drawee
  5. 10. The act of placing money in the bank for safekeeping
  6. 13. something that the central bank manages for the total money a government owes to its creditors
  7. 14. the main aim of a commercial bank
  8. 16. an initial payment where you only pay a portion of the total price upfront
  9. 18. Being able to turn an asset into cash quickly without a loss
  10. 19. a sum of money that is borrowed and expected to be payed back with interest
Down
  1. 1. When a bank allows a customer to spend more then what is in their sccount
  2. 2. Anything that is generally accepted as a means if payment for goods and services is called..
  3. 3. The charge paid by borrowers for the use of money
  4. 6. provides advice and help with a number of financial matters
  5. 8. A bank account that allows customers to be withdrawn anytime
  6. 9. Money in the form of notes and coins
  7. 11. A plastic card that allows customers to acces their money straight from the bank
  8. 12. A bank account where money is saved and earns interest
  9. 15. the alternate name of a commercial bank
  10. 17. the money you have left after paying mandatory taxes