Across
- 4. Money,Makes use of objects that have value solely because the holder can exchange them for something else of value
- 5. Money,Has value because a government has decreed that it is an acceptable means to pay debt
- 10. fail to pay back a loan
- 12. of Exchange,Anything that is used to determine value during the exchange of goods and services
- 13. act of redirecting resources from being consumed today so that they may create benefits in the future the use of assets to earn income or profit
- 14. money an investor receives above and beyond the sum of money initially invested
- 15. Fund,A private investment organization that employs risky strategies that often make huge profits for investors
- 16. Intermediates,An institution that helps channel funds from savers to borrowers
- 17. term loan,to borrow money to meet short-term demands
- 21. Runs,Widespread panics in which great numbers of people try to redeem their paper money at the same time
- 22. specific type of loan that is used to buy real estate
- 23. ability to be used or directly converted into cash
- 24. Reserve Banks,The system created as many as 12 regional Federal Reserve Banks throughout the country and chartered by the national government were required to become members of the Fed.
- 25. Fund,An organization that pools the savings of many individuals and invests this money in a variety of stocks, bonds, and other financial assets
- 27. Bond,A bond issued by a corporation to help raise money for expansion
- 28. of Value ,To keep value when held onto- or stored- it instead of spending
- 30. person who links buyers and sellers of stock
- 33. ,The price paid for the use of borrowed money
Down
- 1. ,A portion of stocks
- 2. practice of making high risk investments with borrowed money in hopes of getting a big return
- 3. strategy of spreading out investments to reduce risk
- 6. Reserve Banking,A banking system that keeps only a fraction of its funds on hand and lends out the remainder
- 7. Funds Rate,The interest rate that banks can charge each other for loans
- 8. collection of financial assets
- 9. Money,Consists of objects that have value in and of themselves and that are also used as money
- 11. Supply,All the money available in the United States economy
- 14. that a bank keeps readily available as opposed to lending them out
- 18. Standard,A monetary system in which paper money and coins had the value of certain amounts of gold
- 19. seizure of property from borrowers who are unable to pay their loans
- 20. Exchange,A market for buying and selling stock
- 21. & Bear Market,A steady rise or drop in stock prices in general over a period of time
- 26. Policy,The actions that the Federal Reserve System takes to influence the level of real GDP and the rate of inflation in the economy
- 29. ,The amount of money borrowed
- 31. Gain & Loss,The difference between the selling price and purchase price that results in a financial gain or loss for the seller
- 32. of Account,A means for comparing the values of goods and services