Across
- 2. an amount of money that is borrowed with the expectation that it will be paid back, usually with interest
- 4. institution, a company that provides and manages money transactions such as deposits, loans, currency exchanges, and investments
- 6. card, a plastic card, issued by a financial institution, that allows the cardholder to get funds to pay for goods and services. Cardholders MUST pay money back + interest and any other charges, according to conditions.
- 7. Program, a program that can grant you free items, discounts, etc.
- 13. tasks performed by people for a payment
- 15. To buy something that is expected to make a profit or income.
- 17. gaining money from a bank for keeping your money with them or when you get $10,000 at a 5% interest rate, you must pay $500 every year/month.
- 19. To pay money to get goods and services
- 21. card, a plastic or electronic card worth a specific amount of money. They are often given as a gift and the value decreases with each use.
- 22. products that can be purchased
- 23. of payment, a way to buy or pay for a good or service.
Down
- 1. an agreement between a buyer and seller to exchange goods or services (including for money)
- 3. A document that orders a financial institution to pay a specific amount from the issuer’s account to the person or organization named
- 5. Giving a gift for charity, humanitarian aid, or to help a cause.
- 8. To put aside money for future use; objectives can be short term (e.g. buying a tablet), or long term (e.g. saving up for university)
- 9. amounts that financial institutions may charge their customers for account set-up and maintenance activities, and minor transactions
- 10. Giving money to a person or organization with the expectation that it will be repaid.
- 11. wallet, a digital wallet used from your phone(ie. Google pay)
- 12. Receiving money with the agreement to repay it in the future, usually with interest charged
- 14. money in coins and notes
- 16. cards, a plastic card used to pay for goods and services. When the card is used, the amount is deducted directly from the cardholder’s chequing account.
- 18. The transfer of goods & services (usually for money) from one individual or organization to another.
- 20. a banking service that allows clients to send and receive funds between their personal account and someone else’s, using email and their online banking service.
