Chapter 2 Crossword

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Across
  1. 3. is a financial institution that makes money by issuing loans; loan company
  2. 5. is a financial institution that is involved in trading securities in financial markets
  3. 7. is a security that matures in a year or less
  4. 8. is a financial investment issued by a corporation, government, or other organization
  5. 10. is a nonprofit financial instituion that is privately owned and provides banking services for its members
  6. 12. is a financial institution that provides services for businesses
  7. 15. is a prearranged amount of credit that is available for a business to use as needed
  8. 16. is a security that pays interest over terms of ten to thirty years
  9. 19. is a written order for the bank to pay a specific amount to the person or organization to which the check is written
  10. 21. is a security that pays interest over terms ranging from two to ten years
  11. 23. is a technique for estimating the number of years required to double your money at a given rate of return
  12. 24. money is a common measure of the worth or price of a good or service
  13. 26. for-profit businesses that sell insurance products
  14. 28. money can be saved and used at a later date
  15. 29. is anything of value that is accepted in return for goods or services; currency
  16. 30. is a financial institution that does not accept deposits
  17. 31. is money placed into an account
  18. 32. is a financial institution that accepts money from customers and deposits it into the customer's account.
Down
  1. 1. is any organization that provides services related to money
  2. 2. is a bank account that allows the account owner to make deposits, write checks, and withdraw money
  3. 4. is a financial institution that offers savings and loan services
  4. 6. money is used in exchange for goods and services needed by individuals, businesses, and governments
  5. 9. interest that is earned both on the initial deposit and on the interest earned by the initial deposit
  6. 11. allow customers to pay for purchases and withdraw cash
  7. 13. is a regular payment made from a customer's bank account to a vendor or supplier
  8. 14. is a document guaranteeing payment of a specific amount of money; the payee's name is on the document
  9. 17. is a document guaranteeing that a buyer will pay the seller the agreed-upon amount and within the time specified
  10. 18. is a bank account used by depositors to accumulate money for future use
  11. 20. is a type of EFT transaction; money is deposited directly into a customer's checking account
  12. 22. are the largest category of deposit institution
  13. 25. is the mechanism a nation uses to provide and manage money for itself
  14. 27. is the use of long-term savings to earn a financial return