Mugs Chap. 2

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Across
  1. 4. individual or firm that acts as an intermediary between an investor and a securities exchange
  2. 6. Account or arrangement in which one would put their money for long-term growth
  3. 11. money used in exchange for goods and services needed by individuals
  4. 13. long-term debt issued by private corporations typically paying semi-annual coupons and returning the face value of the bond at maturity
  5. 15. last name of the president that signed the National Banking Act in 1863
  6. 16. money that is saved and used at a later date
  7. 19. professionally managed investment fund that pools money from many investors to purchase securities
  8. 22. commodity in 3000BC used as money for many societies
  9. 23. debt instrument where an issuer such as a corporation, municipality or government agency owes you money
  10. 25. putting money aside so it will be available when you need it
  11. 26. exchange (goods or services) for other goods or services without using money.
  12. 27. offical currency
  13. 28. the general increase in the prices of goods and services in an economy
  14. 29. the condition of having paid work.
  15. 30. counterfeit means to imitate something authentic, with the intent to steal, destroy, or replace the original
  16. 31. form of money that courts of law are required to recognize as satisfactory payment for any monetary debt
Down
  1. 1. interest that is earned both on the initial deposit and on the interest earned by the initial deposit
  2. 2. anything of value that is accepted in return for goods or services
  3. 3. funds in the accounts of commercial banks at the Federal Reserve Bank
  4. 5. distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders
  5. 7. tax-efficient way to put money aside for later in life, to provide income for when you retire
  6. 8. time deposit with a bank
  7. 9. Piece of ownership in a company, mutual fund or other investment
  8. 10. King that issued first Tally Stick in 1100AD
  9. 12. form of corporate equity ownership, a type of security
  10. 14. the use of long-term savings to earn a financial return
  11. 17. common measure of worth or price of a good or service
  12. 18. market in which prices are expected to rise
  13. 20. first colony in America to issue paper currency
  14. 21. market in which prices are expected to fall
  15. 24. last name of person that charted first bank in 1789