Understanding Money 15.1 by Emily Mendola

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Across
  1. 3. A plastic card that allows the holder to make credit purchases up to an authorized amount
  2. 4. Means that money is a common measure of the worth or price of a good or service
  3. 5. Allows customers to pay for purchases directly from their checking account
  4. 7. Banks that are a part of the Federal Reserve
  5. 8. Money received today is worth more in the future because money today can be invested or deposited in the bank to earn interest
  6. 9. A security that pays interest over terms of ten to thirty years
  7. 11. A transfer of money from one bank account to another(EFT)
  8. 12. The process of transferring money from one individual or organization to another
  9. 14. A security that matures in a year or less
  10. 16. Money is used in exchange for goods and services needed by individuals, businesses, and governments
  11. 18. Nation's central bank that supervises and regulates banks in the country
Down
  1. 1. Action taken to manage the supply of money and interest rates in an economy
  2. 2. A security that pays interest over terms ranging from two to ten years
  3. 6. A type of document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payer named on the document
  4. 10. The mechanism a nation uses to provide and manage money for itself
  5. 13. Means that money can be saved and used at a later date
  6. 15. Type of financial investment issued by a corporation, government, or other organization
  7. 17. Anything of value that is accepted in return for goods or services