Money and Banking Crossword

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MONEY AND BANKING CROSSWORD

Across
4
Available from banks, credit cards and
building societies. Must be paid back over 1
- 5 years.
1
A co-operative financial institution.
0

Down
1
A short-term source of finance available to people with
a current account.

11

Buying something now and paying for it


later.
The currency that is acceptable in a country.

A medium term source of finance, mainly


used for the purchase of cars and expensive
household goods.
The abbreviation for a cash dispenser.

An instruction to the bank manager to withdraw a


different amount from your bank account on a regular
basis.
A person who agrees to pay the interest and loan if the
borrower cannot.
A written instruction to the bank to pay the person
named as the payee.
Needed when using an ATM.

The cost of borrowing money.

A form of security required by the bank


when lending money.
Also known as a debit card.

A long-term loan used to buy a house.

A short-term source of finance which charges


high interest, e.g. Visa, Mastercard.

1
0

Anything that people accept as payment for goods and


services.
This is like a credit card, except you must pay the
amount due when you receive your statement each
month.
An instruction to the bank manager to withdraw the
same account from your account each month.
A cheque that is over six months old.

1
2
1
3
1
6
1
7
1
8
2
0

1
4
1
5

1
9

Not spending money.

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