Across
- 3. cards that can be used like an ATM card to withdraw cash money
- 6. high risk bond but has the potential for high yields
- 7. gives ownership in a corporation with voting rights and a share of the profit
- 8. exchange of goods and services for other goods and services
- 12. stock prices decline steadily
- 13. profit or loss made on an investment
- 14. system in which a given amount of money is set to equal a set amount of gold
- 15. paper money backed by something tangible (silver or gold) that gives it money
- 17. the use of income today in a way that allows for a future benefit
- 18. secondary market where securities are bought and sold
Down
- 1. gets its value from the type of material from which it is composed
- 2. measure of the changes in prices for a specific set of stocks
- 4. stock prices rise steadily
- 5. anything people will accept as payment for goods and services
- 9. possibility of loss on an investment
- 10. has no tangible backing but is declared by the government to have value
- 11. gives ownership in a corporation with a share of the profit and NO voting rights
- 16. agent who is paid a commission for buying and selling stocks for a customer