Financial Literacy Lesson #1 Vocab

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Across
  1. 4. The current amount of money in an account
  2. 7. A bank account used to pay bills
  3. 10. A system that guides how money is earned and used in a society
  4. 11. A business agreement or exchange
  5. 12. A business that offers money related services
  6. 13. An investment that earns interest over a specific period of time
  7. 14. A service that allows customers to perform banking activities using the internet
  8. 15. A machine that allows customers to withdraw money
Down
  1. 1. A financial institution owned by its members
  2. 2. Money borrowed that must be repaid
  3. 3. A card that allows the holder to buy goods and services by taking out a bank loan
  4. 5. Payments made online
  5. 6. A card that allows customers to electronically withdraw funds from their account to purchase goods
  6. 8. A written order to a bank to pay a certain amount to another person or business
  7. 9. Account that usually earns interest and is used to hold money that is not needed right away
  8. 12. A company that sells goods or services