Across
- 5. Giving a gift for charity, humanitarian aid, or to help a cause.
- 7. A document that orders a financial institution to pay a specific amount from the issuer’s account to the person or organization name
- 10. Receiving money with the agreement to repay it in the future, usually with interest charged
- 11. Giving money to a person or organization with the expectation that it will be repaid.
- 13. card- a plastic or electronic card worth a specific amount of money. They are often given as a gift and the value decreases with each use.
- 15. gaining money from a bank for keeping your money with them or when you get $10,000 at a 5% interest rate, you must pay $500 every year/month.
Down
- 1. card- a plastic card, issued by a financial institution, that allows the cardholder to get funds to pay for goods and services. Cardholders MUST pay money back + interest and any other charges, according to conditions.
- 2. an amount of money that is borrowed with the expectation that it will be paid back, usually with interest
- 3. To pay money to get goods and services
- 4. To buy something that is expected to make a profit or income.
- 6. The transfer of goods & services (usually for money) from one individual or organization to another.
- 8. a banking service that allows clients to send and receive funds between their personal account and someone else’s, using email and their online banking service.
- 9. To put aside money for future use; objectives can be short term (e.g. buying a tablet), or long term (e.g. saving up for university)
- 12. card- a plastic card used to pay for goods and services. When the card is used, the amount is deducted directly from the cardholder’s chequing account.
- 14. money in coins and notes