Across
- 2. Pay based on an hourly basis
- 4. Pay a fixed rate of interest every six months until they mature, they are issued in a term of 20 years or 30 years
- 6. Earn a fixed rate of interest every six months until maturity,notes are issued in terms of 2, 3, 5, 7, and 10 years
- 9. A note issued by a bank representing its promise to pay a specific sum to the bearer on demand and acceptable as money
- 10. A portion of corporate profits that are shared with stockholders
- 12. Money determines the value of a good/service in dollar terms
- 14. Money can be saved and retrieved at a later date with the potential of greater value
- 17. The redistribution of income in a market economy
Down
- 1. Anything people will accept in exchange for goods/services
- 3. Fee charged for the use of equipment or personal property
- 4. The value of money figuring in a given amount of interest earned over a given amount of time
- 5. The study of money management which includes savings, lending, spending and borrowing money
- 7. A system of transferring money from one bank account directly to another without paper money changing hands
- 8. Fee paid for borrowing money or fee earned for loaning money
- 11. Pay based on an annual basis
- 13. Giving up one thing in order to obtain another
- 15. Buying something now and agreeing to pay for it later
- 16. The amount of the purchase is electronically deducted from your bank balance