Across
- 3. the money taking out of the bank.
- 4. they sell stocks and bonds may also offer a wide range of financial services to their customers.
- 5. allows money to be transferred from one bank account to another through a network of computers.
- 9. is property or goods pledged by a borrower to use as security against a loan if it is not repaid.
- 10. not only provide protection against problems such as fire and theft but also offer loans to businesses and consumers.
- 12. is the central bank of the United States.
- 17. is a record of the amount of money a customer has deposited into or withdrawn from a bank.
- 18. is a rate that the bank pays customers for keeping their money.
- 19. provide loans specifically for buying a home or business.
- 20. is a standard of value and a means of exchange or payment.
- 21. the money put in a bank is called a deposit
Down
- 1. is a firm that manages money.
- 2. are financial institutions that hold customer's funds in interest-bearing accounts and invest mainly in mortgage loans
- 6. are not for-profit banks set up by organizations for their customers to use.
- 7. is the electronic transfer of a payment directly from the payer's bank account to that of the person being paid.
- 8. a system in which goods and services are directly exchanged using money.
- 11. is a secure box in a bank's volt use for the safe storage of a customer's valuables.
- 13. are funds set aside for emergencies such as a rush of withdrawals.
- 14. offer short-term loans to businesses and consumers but at much higher interest rates than banks charge.
- 15. offer the entire range of banking services such as checking and savings accounts, loans, and financial advice.
- 16. is an agreement in which a borrower gives a lender the right to take the property if the loan is not repaid.