Ch 10-2 Vocab : Crossword Quiz

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Across
  1. 2. This is a rush from depositors to go withdraw there money usually because bank is failing.
  2. 4. This is when gold can be traded for an equal amount of currency and the opposites way around.
  3. 6. This was paper currency backed by gold(ended in 1943)
  4. 7. U.S government institution that provides deposit insurance.
  5. 9. currency that must be acepted by law.
  6. 11. This is a commercial bank chartered by national banking system.
  7. 12. money backed by government and national banking system.
Down
  1. 1. This was paper currency backed by silver.
  2. 2. Time when bank is closed to prevent bank run.
  3. 3. This is a bank that receives its charter from the state its in.
  4. 5. This is a stipulation usually in the form of a legal document.
  5. 8. This is a bank that can give other banks loans.
  6. 10. At the start.