Chapter 2 Crosswords

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Across
  1. 2. The mechanism a nation uses to provide and manage money for itself
  2. 7. A financial institution that accepts money from customers and deposits it into the customer's account
  3. 10. A financial institution that makes money by issuing loans
  4. 13. A document guaranteeing that a buyer will pay the seller the agreed-upon amount and within the time specified
  5. 16. A financial institution that offers savings and loan services
  6. 18. A bank account used by depositors to accumulate money for future use
  7. 20. Anything of value that is accepted in return for goods or services
  8. 23. A financial institution that does not accept deposits
  9. 25. Paper money is produced by the ___
  10. 27. Services offered to customers by financial institutions
  11. 30. A nonprofit financial institution that is privately owned and provides banking services for its members
  12. 31. Money can be saved and used at a later date
Down
  1. 1. Money placed into an account
  2. 3. People who buy shares of stock in the company
  3. 4. Any organization that provides services related to money
  4. 5. A financial investment issued by a corporation, government, or other organization
  5. 6. Money is used in exchange for goods and services needed by individuals, businesses, and governments
  6. 8. A document guaranteeing payment of a specific amount of money
  7. 9. A bank account that allows the account owner to make deposits, write checks, and withdraw money
  8. 11. The use of long-term savings to earn a financial return
  9. 12. Action taken to manage the supply of money and interest rates
  10. 14. A prearranged amount of credit that is available for a business to use as needed
  11. 15. Interest that is earned both on the initial deposit and on the interest earned by the initial deposit
  12. 17. A security that pays interest over terms ranging from two to ten years
  13. 19. A regular payment made from a customer's bank account to a vendor or supplier
  14. 21. For-profit businesses that sell insurance products
  15. 22. A security that pays interest over terms of ten to thirty years
  16. 24. A security that matures in a year or less
  17. 26. A technique for estimating the number of years required to double your money at a given rate of return
  18. 28. A written order for the bank to pay a specific amount to the person or organization to which the check is written
  19. 29. A financial institution that provides services for businesses