Financial Terms Flashcards

Financial Terms Flashcards

Assessment

Flashcard

Business

11th Grade

Hard

Created by

Essa AL Rahimi

FREE Resource

Student preview

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25 questions

Show all answers

1.

FLASHCARD QUESTION

Front

Currency

Back

bills and coins circulating in the economy

2.

FLASHCARD QUESTION

Front

Money Supply

Back

the total amount of money in the economy

3.

FLASHCARD QUESTION

Front

Purchasing Power

Back

the value of a unit of money in terms of what it can buy

4.

FLASHCARD QUESTION

Front

Asset

Back

anything owned to which a market value can be assigned

5.

FLASHCARD QUESTION

Front

Liquid Assets

Back

items of value that can be used as cash or easily converted into cash

6.

FLASHCARD QUESTION

Front

Bank

Back

a business whose main purpose is to receive deposits and make loans

7.

FLASHCARD QUESTION

Front

Loan

Back

a transaction in which a lender gives money to a borrower, who agrees to repay the money at some point in the future

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