Money and Banking

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Across
  1. 2. Money that has value simply because the government says so.
  2. 4. Money that has intrinsic value.
  3. 6. A requirement for money; Everyone must agree on the money as a payment.
  4. 8. A requirement for money; The amount available is controlled.
  5. 9. Any item or verifiable record that is generally accepted as payment for goods and services.
  6. 11. A requirement for money; All money has the same basic design.
  7. 12. A requirement for money; The ability to be broken down.
  8. 15. A function of money; A function that allows individuals to save their purchasing power from the present for future use.
  9. 18. The ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.
  10. 19. A type of interest that builds off the initial investment and the previous interest added.
  11. 20. A type of banking that allows thousands of banks to create their own form of currency.
Down
  1. 1. A function of money; Facilitates transactions by being widely accepted as payment for goods and services.
  2. 3. A requirement for money; To last wear and tear.
  3. 5. Currency that allows the holder to exchange it for something of value.
  4. 7. Another word for a trade.
  5. 10. Sum total of all of the currency and other liquid assets in a country's economy.
  6. 13. Money paid regularly at a particular rate for the use of money lent.
  7. 14. A requirement for money; Easily moveable.
  8. 16. A type of interest that builds off the initial amount of the loan.
  9. 17. A function of money; A measure of the value of all goods and services.