Across
- 1. money used in exchange for goods & services needed by individuals.
- 7. mechanism a nation uses to provide & manage money for itself
- 10. meaning money is a common measure worth or price of a good or service.
- 12. transfer of money from one bank account to another.
- 14. plastic card that allows the holder to make credit purchases up to an authorized amount.
- 15. security that pays interest over terms of 10-30 years.
- 16. another word for money.
- 17. type of financial investment issued by a corporation, government, or other organizations.
- 19. means it can be saved & used at a later date.
- 20. anything of value that is accepted in return for goods or services.
Down
- 2. process of transferring money from one individual or organization to another
- 3. banks that are part of the Federal Reserve System.
- 4. it can lose some of its purchasing power over time.
- 5. security that pays interest over terms ranging from 2-10 years.
- 6. type of document guaranteeing the payment for a specific amount of money.
- 8. security that matures in a year or less.
- 9. allows customers to pay for purchases directly from their checking account.
- 11. action taken to manage the supply of money & interest rates in an economy
- 13. the dollar is the official currency used for financial exchange.
- 18. exchange one good or service for another good or service.
