unit 1 vocab
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Money | something generally accepted as a medium of exchange, a measure of value or a means of payments (Merriam-Webster Dictionary)
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| Currencies | system of money in general use in a country
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| Coin | type of money made with metal, stamped and issued by the authority of government
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| Banknotes | promissory notes issued by a Federal Reserve Bank
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| Government Bond | form of debt issued by a national government
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| Treasury Bonds (T-Bonds) | type of treasuries which have the longest maturities of all government bonds
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| Treasury Notes (T-Notes) | type of government bond issued with shorter maturities than T-bonds
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| Treasury Bills (T-Bills) | government bonds issued with terms of four, 13, 26 or 52 weeks
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| Cash | form of legal tender which can be used to exchange goods, debt or services
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| Debit Card | payment card which provides the cardholder electronic access to their bank account
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| Credit Card | payment card issued by a bank to cardholders as a method of payment
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| Personal Check | slip of paper which allows the user to make a payment from his or her bankaccount to a business or individual
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| Electronic Funds Transfer | wire transfer of money from one bank account to another
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| Money Supply | total amount of monetary assets available in a country’s economy at a specific time
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| Money Demand | desired holding of financial assets in the form of money– cash and bank deposit
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| Continentals | paper currency issued by the Continental Congress
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| Gold Standard | standard mass of gold defines the value of a currency unit
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
Erica Jay
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