money
Across
- 3. .....of value function of money that allows the owner to defer the usage of money’s general purchasing power.
- 7. .....ofaccount is the function of money that serves to measure values of goods and services
- 9. money backed by the legal authority of the issuing government.
- 10. money monetary value which is not physically stored,Also referred to as e-money.
- 12. money promissory notes written on paper containing agreements on the transfer of ownership of coins.
- 13. the concept that certain goods, such as livestock, cannot be divided into smaller portions
- 15. cards that are preloaded with monetary value which can be used to pay for transactions.
- 18. ....power is the ability to purchase any types of goods and services afforded by it
- 19. a process through which two parties agree to directly exchange one good or service for another.
Down
- 1. the e-money whose value is stored in physical devices example, smart cards.
- 2. money any type of money with intrinsic value
- 4. money paper money not supported by physical assets, but approved by government as legal tender.
- 5. anything that is generally accepted as payment for goods and services by the different participants in the economy.
- 6. cards cards issued by banks or non-banking financial institutions which enable card holders to borrow monetary value from the issuers.
- 8. gives its owner the
- 11. metallic tokens, usually made of gold or silver
- 14. money software-based electronic money which is not physically stored
- 16. cards which enable payments to be directly withdrawn from the customer’s bank account at the time of the transaction.
- 17. money the monetary value created through debts and obligations.