money

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Across
  1. 3. .....of value function of money that allows the owner to defer the usage of money’s general purchasing power.
  2. 7. .....ofaccount is the function of money that serves to measure values of goods and services
  3. 9. money backed by the legal authority of the issuing government.
  4. 10. money monetary value which is not physically stored,Also referred to as e-money.
  5. 12. money promissory notes written on paper containing agreements on the transfer of ownership of coins.
  6. 13. the concept that certain goods, such as livestock, cannot be divided into smaller portions
  7. 15. cards that are preloaded with monetary value which can be used to pay for transactions.
  8. 18. ....power is the ability to purchase any types of goods and services afforded by it
  9. 19. a process through which two parties agree to directly exchange one good or service for another.
Down
  1. 1. the e-money whose value is stored in physical devices example, smart cards.
  2. 2. money any type of money with intrinsic value
  3. 4. money paper money not supported by physical assets, but approved by government as legal tender.
  4. 5. anything that is generally accepted as payment for goods and services by the different participants in the economy.
  5. 6. cards cards issued by banks or non-banking financial institutions which enable card holders to borrow monetary value from the issuers.
  6. 8. gives its owner the
  7. 11. metallic tokens, usually made of gold or silver
  8. 14. money software-based electronic money which is not physically stored
  9. 16. cards which enable payments to be directly withdrawn from the customer’s bank account at the time of the transaction.
  10. 17. money the monetary value created through debts and obligations.