Across
- 4. a widespread panic in which many people try to redeem their paper money at the same time
- 5. a bond with high risk and potentially high yield
- 7. a portion of stock
- 8. a person or institution to whom money is owed
- 10. a card entitling its owner to buy goods and services based on the owner’s promise to pay for those goods and services
- 13. a person who links buyers and sellers of stock
- 15. an investment that pays an investor a set interest rate, but the money cannot be withdrawn until maturity without penalty
- 17. the division of each single share of a company’s stock into more than 1 share
- 18. a low-denomination bond issued by the U.S. government
- 19. the 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
- 20. all the money available in the United States economy
- 22. the direct exchange of one set of goods or services for another
- 23. a market for buying and selling stock
- 27. a business that specializes in trading stocks
- 28. a fund that pools money from small savers to purchase short-term government and corporate securities
- 30. a bond issued by a corporation to help raise money for expansion
- 31. the money an investor receives above and beyond the sum of money initially invested
- 32. a means for comparing the values of goods and services
- 33. MONEY objects that have value in and of themselves and that are also used as money
- 34. something that keeps its value if it is stored rather than spent
- 36. the difference between the selling price and purchase price that results in a financial loss for the seller
- 37. a bond issued by a state or local government or a municipality to finance a public project
- 38. a steady drop or stagnation in the stock market over a period of time
Down
- 1. the amount of money borrowed
- 2. the strategy of spread out investments to reduce risk
- 3. a steady rise in the stock market over a period of time
- 6. the difference between the selling price and purchase price that results in a financial gain for the seller
- 7. the practice of making high-risk investments with borrowed money in hopes of getting a big return
- 9. the ability to be used as, or directly converted into cash
- 11. a banking system that keeps only a fraction of funds on hand and lends out the remainder
- 12. objects that have value because the government has decreed that they are an acceptable means to pay debts
- 14. the interest rate that a bond issuer will pay to the bondholder
- 16. the price paid for the use of borrowed money
- 20. a specific type of loan that is used to buy real estate
- 21. a bond’s stated value, to be paid to the bondholder at maturity
- 24. the seizure of property from borrowers who are unable to pay their loans
- 25. to fail to pay back a loan
- 26. an organization that pools the savings of many individuals and invests this money in a variety of stocks, bonds, and other financial assets
- 28. anything that is used to determine value during the exchange of goods and services
- 29. the time at which payment to a bondholder is due
- 35. the annual rate of return on a bond if the bond is held to maturity