NardoNicho

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Across
  1. 1. Function of money used to make payments
  2. 5. Act of putting aside money to earn interest
  3. 7. Failure to repay a loan
  4. 8. Function of money used to settle debts in the future
  5. 10. Money kept in a bank account
  6. 12. Interest rate charged by the central bank to commercial banks
  7. 14. Institution that controls a country’s money supply and issues currency
  8. 15. Total amount of money circulating in the economy
  9. 17. Cost of borrowing or reward for saving money
  10. 19. Loan used to buy property
Down
  1. 2. Function of money used to compare value
  2. 3. Money that has value because the government says so
  3. 4. Card that allows borrowing to be repaid later
  4. 6. Process by which banks create money through lending
  5. 9. Card that deducts money directly from a bank account
  6. 11. General rise in prices over time
  7. 13. Institution that accepts deposits and makes loans
  8. 15. Anything that is widely accepted as payment for goods and services
  9. 16. Function of money used to keep purchasing power over time
  10. 18. Notes and coins used in daily transactions