Money
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