Money

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Continentals

paper currency issued by the Continental Congress

Credit Card

payment card issued by a bank to cardholders as a method of payment

Debit Card

payment card which provides the cardholder electronic access to their bank account

Money Demand

desired holding of financial assets in the form of money- cash and bank deposit

Government Bond

form of debt issued by a national government

Cash

form of legal tender which can be used to exchange goods, debt or services

Treasury Bills (T-Bills)

government bonds issued with terms of four, 13, 26 or 52 weeks

Banknotes

promissory notes issued by a Federal Reserve Bank

Personal Check

slip of paper which allows the user to make a payment from his or her bank account to a business or individual

Money

something generally accepted as a medium of exchange, a measure of value or a means of payments (Merriam-Webster Dictionary)

Gold Standard

standard mass of gold defines the value of a currency unit

Currencies

system of money in general use in a country

Money Supply

total amount of monetary assets available in a country's economy at a specific time

Treasury Notes (T-Notes)

type of government bond issued with shorter maturities than T-bonds

Coin

type of money made with metal, stamped and issued by the authority of government

Treasury Bonds (T-Bonds)

type of treasuries which have the longest maturities of all government bonds

Electronic Funds Transfer

wire transfer of money from one bank account to another


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