Modules 105-107 Review

2. Any form of payment.
3. A safe place to keep money and to make money by earning interest.
4. Period of time.
5. The least amount of money you must keep in a savings account is called what?
7. banking The banking services that you need on a day-to-day basis.
9. The U.S. Independent Federal Agency that supervises and charters Federal Credit Unions.
11. One result of increased mortgage foreclosures after 2007.
16. What activity do security firms focus most of their attention on?
17. The practice of trading by use of commodities, or products, instead of money.
18. Served as the standard for currency through much of the 19th and 20th centuries.
20. A term that describes a form of money that has an intrinsic value.
21. The cost to take out a loan from a payday loan store.

1. Deposits and withdrawals you make each month with your account.
4. What was a major factor in the economic instability of the 1970s.
5. To manufacture money.
6. Financial institutions that issue commercial credit cards.
8. People who help their customers, cash checks, and makes deposits and withdrawals.
10. Relates to farming.
12. Using of money in the hope of making more money.
13. A term that describes the extra fee paid in return for borrowing a sum of money-excluding the loan origination fee.
14. What earns interest over time?
15. A type of service provided by a financial institution that allows people to use money via ATM cards, automatic payments, and checking accounts.
19. Insures deposits in bank and thrift institutions.
20. Institution owned by its account holders.
21. True or False a penny is made from 100% silver.