| A | B |
|---|
| an account for a fixed term with the understanding that the customer can withdraw only by giving advanced notice. | Time deposit |
| An account from which deposited funds can be withdrawn at any time | Demand Deposit |
| Any card that may be used repeatedly to borrow money or buy products and services on credit | Credit Cards |
| A debit card is a card that allows the bearer to complete a financial transaction by means of a PIN number | Debit Cards |
| a company that brings together money from many people and invests it in stocks, bonds or other assets. | Mutual funds |
| banks that offer a full range of banking services | commercial bank |
| banks traditionally set up to give loans for housing | savings and loan associations |
| banks that are set up by businesses/govt. for the benefit of their employees | credit unions |
| insures bank accounts up to $100,000 | Federal Deposit Insurance (FDIC) |
| the act of investing is often comparable to the act of consumption. | Investment Spending |
| The money paid to purchase a capital asset or a fixed asset. | Capital Investment |
| A situation in which money or loans are very difficult to obtain in a given country; high interest rates | tight money |
| A policy by which a central monetary authority, such as the Federal Reserve System , seeks to make money plentiful and available at low interest rates | easy money |
| Assets pledged by a borrower to secure a loan or other credit , and subject to seizure in the event of default | Collateral |
| paper and metallic currancy | Money |
| trade by exchanging one commodity for another | Barter |
| metallic currency | Coins |
| paper currency | Currency |
| A written order instructing a thrift institution or bank to pay immediately on demand a specified amount of money | Check |
| is a medium of payment allowed by law or recognized by a legal system to be valid for meeting a financial obligation | Legal tender |
| A contractual agreement in which a borrower receives something of value now and agrees to repay the lender at some later date | Credit |
| the amount that banks are required to keep in the Federal Reserve | Reserve Requirement |
| any plan, or program which provides retirement income to employees or results in a deferral of income by employees. | Pension funds |
