The Money Market
Across
- 8. non-physical asset that has a value as you own it because you’ve signed a contract
- 11. the amount of interest over a period of time
- 13. Banks a bank that provides consultancy services
- 14. loans for less than a year
- 15. when a person loans money to the government and gets a rate of interest
- 16. when a business borrows money to increase capital goods
- 18. another name for banking institutions, they deal with anything that involves money
- 20. a deposit account that bears interest rates
- 21. a card which borrows from the bank and the loan is paid monthly or annually
- 22. when an individual borrows money for personal needs
Down
- 1. interest free banking system that follows principles laid down by Islamic Sharia'h
- 2. an asset that you can touch and hold
- 3. a card which takes money directly from a persons savings account
- 4. when a person takes money from another person’s account after arrangement with the person and the bank
- 5. money put into a bank
- 6. the paper form of money
- 7. an asset that can be quickly and easily converted into cash
- 9. investing in a capital and dividing the capital
- 10. an account that imports and exports a countries goods and services to other countries
- 12. a bank that accepts deposits and gives out loans, they offer service to the public and to companies
- 17. a loan that is used to but an immovable asset
- 19. taking money out of the bank that more than what is in the account