Money, Banking, Saving, and Investing

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Across
  1. 5. a transaction in which a lender gives money to a borrower, who agrees to repay the money at some point in the future
  2. 6. a card authorizing the user to buy goods and services with funds borrowed from the ban, store, or other business that issued the card
  3. 9. a card authorizing the user to access his or her own funds on deposit in a bank account
  4. 11. the amount of money borrowed, or the amount of money still owed on a loan, apart from the interest
  5. 14. a business whose main purpose is to receive deposits and make loans
  6. 15. any good used as a medium of exchange
  7. 17. the ease with which assets can be converted into cash
  8. 18. items of value that can be used as cash or easily converted into cash
  9. 20. money borrowed by a business to pay expenses
  10. 21. an asset similar to money, such as savings account, that serves as a store of value but cannot be used to buy things directly
  11. 24. a business, such as a bank, that brings together savers (sellers) and borrowers (buyers) in financial markets
  12. 28. money borrowed by an individual to make major purchases
  13. 29. checks that can be used like cash by travelers to pay for goods and services
  14. 30. a signed form instructing a bank to pay a specified amount to a person or business named on it
  15. 31. the chance of losing money or of failing in some way
Down
  1. 1. a system in which banks keep a portion of deposits in reserve and make loans with the rest
  2. 2. money in bank checking accounts
  3. 3. an arrangement that allows a person to buy something with borrowed money and pay for it later over time
  4. 4. currency not backed by gold or sliver
  5. 7. the total amount of money in the economy
  6. 8. the record of a person's borrowing and repayment of loans
  7. 10. an early form of paper currency, issued by banks to clients who made deposits of gold or silver
  8. 12. anything owned to which a market value can be assigned
  9. 13. money borrowed to buy a house, an office building, land, or other real estate
  10. 16. the transfer of funds from one bank or account to another as a result of cashing a check
  11. 19. the value of a unit of money in terms of what it can buy
  12. 20. any good used as a medium of exchange
  13. 22. a periodic payment for the use of borrowed funds
  14. 23. setting aside a portion of income for use in the future
  15. 25. borrowed money that is typically paid back in equal monthly payments
  16. 26. currency that must be accepted as money for purchases and as payment for debts
  17. 27. bills and coins circulating in the economy