Across
- 1. bars of precious metal
- 3. person or institution to whom money is owed
- 7. amount banks set aside according to law as a protection for depositors
- 9. substance that functions as a medium of exchange, and a measure and store of value
- 10. condensed statement showing all assets and liabilities at a given point in time
- 11. properties, possessions, and claims of others
- 12. funds available whenever the depositor wish them
- 16. money that has an alternative use as a commodity
- 17. form of currency made by the Narragansett indians out of white conch and black mussel shells
- 18. paper money issued by government through an act of law
- 20. ability to be converted into cash in a very short period of time
Down
- 2. laws regulating the maximum interest rate on passbook savings
- 4. money by government decree
- 5. bank that can lend to other banks in times of need
- 6. debts and obligations to others
- 8. interest-earning deposits that cannot be withdrawn by check
- 13. stock certificates representing ownership of the bank
- 14. property or other security used to guarantee repayment of a loan
- 15. excess of assets over liabilities that is a measure of the value of a business
- 19. metallic forms of money