Finance Unit 1 Crossword

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Across
  1. 2. Pay based on an hourly basis
  2. 4. Pay a fixed rate of interest every six months until they mature, they are issued in a term of 20 years or 30 years
  3. 6. Earn a fixed rate of interest every six months until maturity,notes are issued in terms of 2, 3, 5, 7, and 10 years
  4. 9. A note issued by a bank representing its promise to pay a specific sum to the bearer on demand and acceptable as money
  5. 10. A portion of corporate profits that are shared with stockholders
  6. 12. Money determines the value of a good/service in dollar terms
  7. 14. Money can be saved and retrieved at a later date with the potential of greater value
  8. 17. The redistribution of income in a market economy
Down
  1. 1. Anything people will accept in exchange for goods/services
  2. 3. Fee charged for the use of equipment or personal property
  3. 4. The value of money figuring in a given amount of interest earned over a given amount of time
  4. 5. The study of money management which includes savings, lending, spending and borrowing money
  5. 7. A system of transferring money from one bank account directly to another without paper money changing hands
  6. 8. Fee paid for borrowing money or fee earned for loaning money
  7. 11. Pay based on an annual basis
  8. 13. Giving up one thing in order to obtain another
  9. 15. Buying something now and agreeing to pay for it later
  10. 16. The amount of the purchase is electronically deducted from your bank balance