The Money Market
Across
- 1. A loan used to purchase or maintain a home or another form of real estate
- 4. The percentage paid from a borrower to a lender for a loan of money
- 6. An amount of money you can borrow to use for a variety of purposes
- 9. A payment card that deducts money directly from the consumers checking account
- 10. Represents equity ownership in a corporation or financial asset, owned by investors
- 11. Money placed into a bank for safekeeping
- 13. A funding arrangement between a business and a financial institution based on debt
- 14. A transaction in which an individual withdraws funds from another person's bank account
- 18. A bank account where money is withdrawn without notice
- 19. Issued by financial institutions which allow you to borrow funds to pay for your purchases
- 20. They advise businesses and governments on how to meet their financial challenges
- 21. A company involved in the business of dealing with financial and monetary transactions
Down
- 2. A debt security issued by a government that supports the government's financial activities
- 3. They can be seen, touch, held and has a material existence
- 5. A liquid asset that gets it's value from a contractual right
- 7. Finance or banking activities that adhere to the Islamic laws
- 8. What is used to exchange goods/services
- 10. An interest-bearing deposit account held at a bank or other financial institution
- 12. Dealing in debt of less than one year
- 15. A financial institution that carries out all the operations to do with the deposit and withdrawal of money for the public
- 16. It occurs when an account lacks the funds to cover a withdrawal, but goes forward with it anyways
- 17. An asset than can be easily converted into cash while keeping it's market value