Personal Finance

5. Money is the accepted form of payment in a country.
8. Government backed organisation that offers a range of secure savings options including ISA’s and premium Bonds (ABB - NS&I).
9. Not for profit organisations that handle transactions and store money for customers. Often set up to help or support a community.
10. A payment card which acts like a credit card but that can only be used in a specific shop.
11. A short-term source of finance used to bridge the gap between now and next receiving a wage or salary.
13. Financial protection against the risk of loss.
14. A charity that offers impartial advice on a range of financial and non-financial matters by phone, email and face-to-face (ABB - CAB).
15. A written order to a bank to make a payment for a specific amount of money.
17. A Card containing an antennae that allows money to be transferred when the card touches a terminal without a signature or pin.
19. A function of money that means it allows trade to take place.
20. A long term loan used to buy a house.

1. The cost of borrowing and reward for saving money.
2. The financial institution responsible for controlling interest rates in the UK.
3. A long-term saving plan that provides an income when you retire.
4. Service They resolve disputes between consumers and financial institutions (ABB - FOS).
6. Paying a monthly amount to use an asset that you will never own.
7. Money allows people to save now to spend later.
12. A type of card which allows money to be taken directly from your bank to pay for goods and services.
16. Money lets us put a financial value on goods and services.
18. An agreement allowing you to withdraw more money than you have in your account.