What is Money Level 6

123456789101112131415161718192021222324
Across
  1. 3. The Greek word for custom or law, the root of the Greek word for money.
  2. 5. The function of money that provides a common measure against which the values of different goods and services can be compared.
  3. 8. The property that allows a money to be moved by the parties to a transaction in quantities proportionate to the value involved.
  4. 11. A term used to describe a money that satisfies the seven properties to a workable degree.
  5. 13. The bean used as money across much of Mesoamerica from at least the time of the Maya into the Spanish colonial period.
  6. 15. The seventh property of money, recognized in the analytical literature only in the contemporary period, that protects a money against alteration by parties who would benefit from altering it.
  7. 18. The reduction of the substance of a money by an issuing authority while the nominal value is maintained.
  8. 21. The function of money that allows the holder to defer consumption and hold purchasing power across time.
  9. 22. The problem that money in any particular time and place depends on a community accepting it as such.
  10. 23. The character of money as something humans have made rather than something found in nature.
Down
  1. 1. The people of western Anatolia credited with the earliest known stamped electrum coins in the late seventh or early sixth century before the common era.
  2. 2. The shell used as money across much of the Indian Ocean and African trade for more than a thousand years.
  3. 4. The unit of rice used as a principal measure of wealth and instrument of payment in feudal Japan.
  4. 5. The first and most fundamental property of money, requiring that parties to a transaction agree to take the substance in exchange.
  5. 6. The Greek word for money, derived from the word for custom or law.
  6. 7. The shared agreement of a community that an object will function as money, contrasted with nature.
  7. 9. The Greek philosopher who articulated the claim that money exists not by nature but by law.
  8. 10. The property that makes one unit of a money interchangeable with another unit of the same denomination.
  9. 12. The property that limits the supply of a money so that it can hold its value across time.
  10. 14. The property that allows a money to hold its physical character across time and repeated use.
  11. 16. The property that allows a money to be broken into smaller units without losing its relative value.
  12. 17. A record of ownership and obligation, held in physical form, in writing, or in shared community memory.
  13. 19. The function of money that allows two parties to complete a transaction even when neither wants exactly what the other has to offer.
  14. 20. The monetary system introduced in 2009 that combines a mathematically limited supply with a distributed verifiable record of ownership.
  15. 24. The Japanese historical period from 1603 to 1868 during which rice functioned as a principal monetary instrument.