Across
- 5. an amount of money that you pay regularly to receive a product or service
- 8. A digital currency in which transactions are verified and records maintained by a decentralized system rather than by a centralized authority.
- 12. a flat disc or piece of metal with an official stamp.
- 13. An electronic device, online service, or software program that allows one party to make electronic transactions with another party bartering digital currency units for goods and services.
- 14. Drawee is the person who _______________ the transaction
- 15. An instruction to the bank to transfer funds to another account on a monthly basis
- 18. A digital movement of money from one bank account to another
- 19. It is a _______________ processing networks in the world.
Down
- 1. a certificate or document that either allows you to purchase something or proves that you paid for something
- 2. Credit is the ___________ of money now in return for the promise of paying it back later.
- 3. When money is sent from one bank account to another.
- 4. An online payment system that makes paying for things online and sending and receiving money safe and secure
- 6. Drawee pays a ____________ a specific amount of money
- 7. An assessment of likelihood that you will repay the debt based on past financial history and determines your creditworthiness
- 9. An assessment of your actual payment history for a specific debt
- 10. _______________ the value of an item is difficult
- 11. The action of buying and selling goods and services
- 16. A written communication ordering your bank, which you sign and give to another party as payment
- 17. Swapping or exchanging one good for another without using coins and notes
