Chapter 12 General Business

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Across
  1. 2. Money put in the bank
  2. 4. Type of account used to store money for a long period of time
  3. 6. Type of account used to access money easily
  4. 7. Exchanging goods and services for other goods and services indirectly by using money
  5. 9. Something valuable put up for a loan that the bank can take if the loan is not payed back
  6. 10. ype of bank that operates to make a profit; also called full service banks
  7. 11. Central banking organization in the U.S
  8. 14. Used to transfer money from one account to another using computers
  9. 16. Used to store valuable items
  10. 17. Rate a bank pays you for keeping your money at a bank
Down
  1. 1. The banking system is an example of this
  2. 3. Money taken out of the bank
  3. 5. Anything people accept as a standard of payment
  4. 8. Deed to give lender the property if the mortgage loan is not payed back
  5. 12. Trading goods or services directly with other goods or services
  6. 13. Type of nonprofit bank that is set up by organizations for their members to use
  7. 15. Record of how much money someone puts in or takes out of a bank