Across
- 1. is a transfer of money from one bank account to another
- 4. the mechanism a nation uses to provide and manage money for itself
- 6. money received today can be invested or deposited in the bank to earn interest
- 7. allows customers to pay for purchases directly from their checking account
- 11. action taken to manage the supply of money and interest rates in an economy
- 13. a security that pays interest over terms of ten to thirty years
- 14. money can be saved and used at a later date
- 15. coins or banknotes that must be accepted if offered in payment of a debt.
- 17. Anything of value that is accepted in return for goods and services
- 19. is a plastic card that allows the holder to make credit purchases up to an authorized amount
Down
- 2. the process of transferring money from one individual or organization to another
- 3. is a security that matures in a year or less
- 5. is a security that pays interest over terms ranging from two to ten years
- 8. money is used in exchange for goods and services needed by individuals, businesses, and governments
- 9. money is a common measure of the worth or price of a good or service
- 10. a type of financial investment issued by a corporation, government, or organization
- 12. a type of a document guaranteeing the payment of a specific amount of money
- 16. banks that are part of the Federal Reserve Systems
- 18. exchange one good or service for another good or service
- 19. another name for money
