| A | B |
|---|
| Money | Has a standard stored value and is a medium of exchange |
| Monetary System | Goods and services exchanged using money |
| Bank | A finanical institution that accepts demand deposits |
| Demand Deposits | Money put into a financial institution by depositors that can be withdrawn at any time |
| Collateral | Property a borrower pledges to assure repayment of loan |
| Federal Reserve System | The central bank of the US |
| Electronic funds transfer (EFT) | Transferring money by computer |
| Captial | Funding required to start or expand a business |
| Stocks | A share of ownership of a companu |
| Bonds | Long term written promise to pay a definite sum of money at a specified time |
| Common Stock | Entitiles owner to voting rights |
| Preferred Stock | Ownership gives preference when distributing dividends |
| Interest Rate | Money banks charged consumers for loans |
| Ethics | The standards that help determine what is good,right and proper |
| Goal | An intentional aim or purpose |
| Code of Ethics | Statement of purpose, values and ethical expectations for a business |
| Profit | Money a company makes after all expenses have been paid |
| Values | Strong beliefs that influence one's actions |
| Stakeholder | Any person or group effected by a business |
| Social Repsonsibility | A business's obligation to maximize the positive effects and minimize the negative of decisions |
