Money Vocabulary Terms

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Across
  1. 1. A written, dated, and signed instrument that contains an unconditional order from the drawer that directs a bank to pay a definite sum of money to a payee.
  2. 3. The total amount of money earned by an employee before taxes and other deductions are taken.
  3. 5. The current medium of exchange in the form of coins and banknotes
  4. 6. A society in which consumers make purchases without using cash. They use electronic payments, including credit cards, debit cards, apps, and the internet, to make purchases.
  5. 7. Trading goods and services between two or more parties without the use of money.
  6. 8. Money received on a regular basis from work or investments
  7. 9. A plastic card issued by a financial institution that allows consumers to make purchases now and pay the company back later. Consumers are charged interest and fees for the use of the borrowed money.
  8. 10. A plastic card issued by a bank that allows consumers to access their accounts to withdraw cash or pay for goods and services.
  9. 11. card A pre-paid card that stores a monetary value for future use, typically at a specific store or chain.
Down
  1. 2. The movement of money from one account to another through electronic means. One of the most widely used electronic systems is direct deposit, in which payroll is deposited directly into an employee's bank account by their employer.
  2. 4. A fixed regular payment, typically paid on a daily or weekly basis, made by an employer to an employee
  3. 5. A printed order for payment of a specified sum, issued by a bank or post office.