Functions of Money

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Across
  1. 5. Provide services to it's members
  2. 7. Give out small loans in return for a portion of the upcoming paycheck
  3. 12. Money borrowed from the bank
  4. 13. The amount charged by a lender to a borrower for the use of money
  5. 14. A loan that take away your car
  6. 15. Adding money to your bank account
  7. 16. Comparing price to see if you can make the purchase
  8. 17. The exchange of goods, services, or money between two or more parties
  9. 19. A written document that authorizes a bank or financial institution to pay a specific amount of money
Down
  1. 1. Charges a bank imposes on an account when the account holder withdraws more money than is availableNetWorth
  2. 2. A company that offers financial services to its clients ex. banks, credit union
  3. 3. Saving money in their bank account for future purchases
  4. 4. Compare the information on the check with the information in your bank account to ensure that they match
  5. 6. A resource with economic value that can generate income or provide a return on investment
  6. 8. Transactions between individuals, businesses, financial institutions, and government in an economy
  7. 9. Expenses that remain the same over a period of time. ex.rent
  8. 10. Expenses that changes frequently. ex. groceries
  9. 11. Subtracting money from your bank account
  10. 18. Provide a safe way for you to store your money