Across
- 4. type of treasuries which have the longest maturities of all government bonds
- 5. payment card issued by a bank to cardholders as a method of payment
- 8. generally accepted as a medium of exchange, a measure of value or a means of payments
- 10. rate at which a unit of currency of one country can be exchanged for a unit of currency of another currency
- 13. tem of money in general use in a country
- 14. promissory notes issued by a Federal Reserve Bank
- 16. actions of a central bank, currency board or regulatory committee specifying the size and rate of growth of the money supply
- 18. government bonds issued with terms of four, 13, 26 or 52 weeks
- 19. paper currency issued by the Continental Congress
- 20. total amount of monetary assets available in a country’s economy at a specific time
Down
- 1. form of legal tender which can be used to exchange goods, debt or services
- 2. form of debt issued by a national government
- 3. slip of paper which allows the user to make a payment from his or her bank account to a business or individual
- 6. type of money made with metal, stamped and issued by the authority of government
- 7. desired holding of financial assets in the form of money– cash and bank deposit
- 9. payment card which provides the cardholder electronic access to their bank account
- 11. type of government bond issued with shorter maturities than T-bonds
- 12. means by which a government adjusts its spending levels and tax rates to monitor and influence a nation’s economy
- 15. wire transfer of money from one bank account to another
- 17. standard mass of gold defines the value of a currency unit