Understanding Money

5. A transfer of money from one bank account to another
6. Money is a common measure of the worth or price of a good or service
7. A security that matures in a year or less
8. A security that pays interest over terms of ten to thirty years
10. A security that pays interest over terms ranging from two to ten years
11. Anything of value that is accepted in return for goods and services
14. Money used in exchange for goods and services needed by individuals, businesses, and governments
15. A type of a document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payers name
16. Money is worth more now, Money received now can be invested or deposited in the bank to earn interest
17. A plastic card that allows the holder to make credit purchases up to an authorized amount
18. A type of financial investment issued by a corporation, government, or other organization

1. The process of transferring money from one individual or organization to another
2. It can be saved and used at a later date
3. Banks that are part of the Federal Reserve System
4. Must be accepted "for all debts, public and private."
9. The mechanism a nation uses to provide and manage money for itself
12. Allows customers to pay for purchases directly from their checking account
13. An action taken to manage the supply of money and interest rates in an economy