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Money as a Tool The Functions of Money and Banking Credit American Banking Trends in Banking ] The Federal Reserve System The Functions of Money and Banking Free to share, print, make copies and changes. Get yours at www.boundless.com
Protection of Funds The Functions of Money and Banking(continued) ] The Functions of Money and Banking Free to share, print, make copies and changes. Get yours at www.boundless.com
The Functions of Money and Banking > Money as a Tool Money as a Tool • Functions of Money • Types of Currency • Measuring the Money Supply • Control of the Money Supply • International Exchange of Money Free to share, print, make copies and changes. Get yours at www.boundless.com www.boundless.com/business/textbooks/boundless-business-textbook/the-functions-of-money-and-banking-21/money-as-a-tool-123/
The Functions of Money and Banking > Credit Credit • Obtaining Credit • The Five Cs of Credit • Credit Ratings • Collection from Delinquent Payables • Trends in Credit After 2008 Free to share, print, make copies and changes. Get yours at www.boundless.com www.boundless.com/business/textbooks/boundless-business-textbook/the-functions-of-money-and-banking-21/credit-124/
The Functions of Money and Banking > American Banking American Banking • Non-Bank Financial Institutions • Commercial Banks • Savings and Loan Associations (S&Ls) • Credit Unions Free to share, print, make copies and changes. Get yours at www.boundless.com www.boundless.com/business/textbooks/boundless-business-textbook/the-functions-of-money-and-banking-21/american-banking-125/
The Functions of Money and Banking > Trends in Banking Trends in Banking • Electronic Banking • Online Direct Banks • Personal Financial Management Free to share, print, make copies and changes. Get yours at www.boundless.com www.boundless.com/business/textbooks/boundless-business-textbook/the-functions-of-money-and-banking-21/trends-in-banking-126/
The Functions of Money and Banking > The Federal Reserve System The Federal Reserve System • Introduction to the Federal Reserve • Banking Crises and Centralized Reserve Enforcements • The Lender of Last Resort • The Fed as a Check Clearer • The Reserve Requirement • The Discount Rate • Open Market Operations Free to share, print, make copies and changes. Get yours at www.boundless.com www.boundless.com/business/textbooks/boundless-business-textbook/the-functions-of-money-and-banking-21/the-federal-reserve-system-127/
The Functions of Money and Banking > Protection of Funds Protection of Funds • The Federal Deposit Insurance Corporation (FDIC) • The National Credit Union Administration (NCUA) • The Savings Association Insurance Fund (SAIF) Free to share, print, make copies and changes. Get yours at www.boundless.com www.boundless.com/business/textbooks/boundless-business-textbook/the-functions-of-money-and-banking-21/protection-of-funds-128/
Appendix Free to share, print, make copies and changes. Get yours at www.boundless.com
The Functions of Money and Banking Key terms • auditAn independent review and examination of records and activities to assess the adequacy of system controls, to ensure compliance with established policies and operational procedures, and to recommend necessary changes in controls, policies, or procedures. • automated teller machineA device that provides bank customers with cash withdrawal and other services without the need for a bank teller. • bondEvidence of a long-term debt, by which the bond issuer (the borrower) is obliged to pay interest when due, and repay the principal at maturity, as specified on the face of the bond certificate. The rights of the holder are specified in the bond indenture, which contains the legal terms and conditions under which the bond was issued. Bonds are available in two forms: registered bonds and bearer bonds. • Bretton Woods SystemThe Bretton Woods system of monetary management established the rules for commercial and financial relations among the world's major industrial states in the mid-20th century. The Bretton Woods system was the first example of a fully negotiated monetary order intended to govern monetary relations among independent nation-states. • capitalMoney and wealth. The means to acquire goods and services, especially in a non-barter system. • Check-clearingThe movement of a check from the depository institution at which it was deposited back to the institution on which it was written; the movement of funds in the opposite direction and the corresponding credit and debit to the accounts involved. • collateralA security or guarantee (usually an asset) pledged for the repayment of a loan if one cannot procure enough funds to repay. (Originally supplied as "accompanying" security. ) • commodity moneymoney whose value comes from a commodity of which it is made. It is objects that have value in themselves as well as for use as money. • complianceThe accuracy with which a patient follows an agreed treatment plan. • credit reportA document of the history and current status of a borrower's credit standing, and may include identifying information, credit information, public-records information, recent inquiries and credit score. • credit unionA financial cooperative similar to a bank but owned and controlled by its members, often restricted to a local area or sometimes to a single profession. • Credit unionsCooperative banking institutions focused more on people and community, as opposed to profitability and global scale. Free to share, print, make copies and changes. Get yours at www.boundless.com
The Functions of Money and Banking • creditorA person to whom a debt is owed. • currencyMoney or other items used to facilitate transactions. • currencyIn economics, currency is a generally accepted medium of exchange. These are usually the coins and banknotes of a particular government, which comprise the physical aspects of a nation's money supply. • debtMoney that one person or entity owes or is required to pay to another, generally as a result of a loan or other financial transaction. • debtorA person or firm that owes money; one in debt; one who owes a debt • defaultThe condition of failing to meet an obligation. • depressiona period of major economic contraction • derivativesIn finance, this is an investment option defined as being valued via the variable valuation of another asset. • discount rateThe interest rate charged to commercial banks and other depository institutions on loans they receive from their regional Federal Reserve Bank's lending facility. • Discount windowThe discount window is an instrument of monetary policy (usually controlled by central banks) that allows eligible institutions to borrow money from the central bank, usually on a short-term basis, to meet temporary shortages of liquidity caused by internal or external disruptions. • exchange rateAn exchange rate between two currencies is the rate at which one currency will be exchanged for another. • FDICThe Federal Deposit Insurance Corporation (FDIC) is a United States government corporation operating as an independent agency that provides deposit insurance, which guarantees the safety of deposits in member banks, up to $250,000 per depositor per bank. Free to share, print, make copies and changes. Get yours at www.boundless.com
The Functions of Money and Banking • Federal Reservethe central banking system of the United States • Federal Reserve Systemthe central banking system in the United States • Fiat moneymoney whose value is not derived from any intrinsic value or guarantee that it can be converted into a valuable commodity (such as gold). • financethe science of management of money and other assets • fixed exchange rateSometimes called a pegged exchange rate, a type of exchange rate regime wherein a currency's value is matched to the value of another single currency or to a basket of other currencies, or to another measure of value, such as gold. • floating exchange rateA floating or fluctuating exchange rate is a type of exchange rate regime wherein a currency's value is allowed to fluctuate according to the foreign exchange market. • foreclosuresFollowing a default on credit, the lending party is allowed to recapture the capital by repossessing assets (such as the property the money was borrowed to purchase). • insuranceA means of indemnity against a future occurrence of an uncertain event. • liabilitiesAn amount of money in a company that is owed to someone and has to be paid in the future, such as tax, debt, interest, and mortgage payments. • liquidityAn asset's ability to become solvent without affecting its value; the degree to which it can be easily converted into cash. • loanA sum of money or other valuables or consideration that an individual, group, or other legal entity borrows from another individual, group, or legal entity (the latter often being a financial institution) with the condition that it be returned or repaid at a later date (sometimes with interest). • medium of exchangeAn intermediary used in trade to avoid the inconveniences of a pure barter system, such as money. Free to share, print, make copies and changes. Get yours at www.boundless.com
The Functions of Money and Banking • mitigating riskReducing the potential for losing capital, as well as gaining larger returns, through investing in more volatile options. • monetary baseThe monetary base s a term relating to (but not being equivalent to) the money supply; the amount of money in the economy. The monetary base is highly liquid money that consists of coins, paper money (both as bank vault cash and as currency circulating in the public), and commercial banks' reserves with the central bank. • monetary policyThe process by which the government, central bank, or monetary authority manages the supply of money, or trading in foreign exchange markets. • monetary policyThe process by which the government, central bank, or monetary authority manages the supply of money, or trading in foreign exchange markets. • moneya generally accepted means of exchange and measure of value • money supplyThe total amount of money available in an economy at a specific time. • mutual fundsA mutual fund is a type of professionally-managed collective investment vehicle that pools money from many investors to purchase securities. • NCUAThe National Credit Union Administration (NCUA) is the independent federal agency created by the U.S. Congress to regulate, charter, and supervise federal credit unions. • non-bank financial institutionA financial institution that does not have a full banking license or one that is not supervised by a national or international banking regulatory agency. • Open Market Operationan activity by a central bank to buy or sell government bonds on the open market. • open market operationsAn open market operation (also known as OMO) is an activity by a central bank to buy or sell government bonds on the open market. A central bank uses them as the primary means of implementing monetary policy. • overdraftThe act of overdrawing a bank account. Free to share, print, make copies and changes. Get yours at www.boundless.com
The Functions of Money and Banking • Phillips curveIn economics, the Phillips curve is a historical inverse relationship between the rate of unemployment and the rate of inflation in an economy. Stated simply, the lower the unemployment in an economy, the higher the rate of inflation. While it has been observed that there is a stable short run tradeoff between unemployment and inflation, this has not been observed in the long run • reserve requirementThe amount of funds that a depository institution must hold in reserve against specified deposit liabilities. • revolving credit agreementa type of debt that does not have a fixed number of payments • Risk managementOffsetting potential financial exposures through strategic investments. • SAIFOne of the two FDIC fund between 1989 and 2006, after which it merged with the Bank Insurance Fund to form the Deposit Insurance Fund in 2006 • savings and loan associationA financial institution that specializes in accepting savings deposits and making mortgage and other loans. • store of valueAn asset such as money or gold that is purchased or accepted as payment for goods and services for its ability to purchase other assets in the future without rapidly losing its purchasing power. • unit of accounta standard monetary unit of measurement of value/cost of goods, services, or assets. Free to share, print, make copies and changes. Get yours at www.boundless.com
The Functions of Money and Banking Number of FDIC Commercial Banks Year-end 1980–2007 Free to share, print, make copies and changes. Get yours at www.boundless.com Saylor.CC BY 3.0http://www.saylor.org/site/wp-content/uploads/2011/07/ECON302-3.3.pdfView on Boundless.com
The Functions of Money and Banking Percent of Industry Assets Owned by the Largest 5 Banks This image demonstrated the ongoing consolidation of the banking industry, through displaying the overall assets owned by the largest 5 banks. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikipedia."5-Bank_Asset_Concentration_in_U.S._1997-2012.png."CC BY-SA 3.0https://upload.wikimedia.org/wikipedia/commons/9/90/5-Bank_Asset_Concentration_in_U.S._1997-2012.pngView on Boundless.com
The Functions of Money and Banking Functions of Money Money, such as the U.S. dollar, functions as a medium of exchange, a unit of account, and a store of value. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia."USMC-051205-M-9499D-009."Public domainhttp://commons.wikimedia.org/wiki/File:USMC-051205-M-9499D-009.jpgView on Boundless.com
The Functions of Money and Banking Money Fiat, Commodity, and Commercial Bank money are three main types of money Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia."Money 555."Public domainhttp://commons.wikimedia.org/wiki/File:Money_555.jpgView on Boundless.com
The Functions of Money and Banking U.S. Treasury securities held in the Federal Reserve's open market account, December 31, 2004 In billions of dollars. Free to share, print, make copies and changes. Get yours at www.boundless.com U.S. Federal Reserve System.Public domainhttp://www.federalreserve.gov/pf/pdf/pf_complete.pdfView on Boundless.com
The Functions of Money and Banking Exchange Rate In finance, an exchange rate (also known as the foreign-exchange rate, forex rate or FX rate) between two currencies is the rate at which one currency will be exchanged for another. Free to share, print, make copies and changes. Get yours at www.boundless.com Currency News."Currency News."CC BYhttp://www.currencynews.ws/View on Boundless.com
The Functions of Money and Banking Bank failure If the Federal Reserve determines that a state member bank or bank holding company has problems that affect the institution's safety and soundness or is not in compliance with laws and regulations, it may take a supervisory action to ensure that the institution undertakes corrective measures. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikipedia."Bank failure."CC BYhttp://en.wikipedia.org/wiki/Bank_failureView on Boundless.com
The Functions of Money and Banking FDIC The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by the Congress to maintain stability and public confidence in the nation's financial system. Free to share, print, make copies and changes. Get yours at www.boundless.com Federal Deposit Insurance Corportation."FDIC: Ordering & Using FDIC Signs & Logos."CC BYhttp://www.fdic.gov/regulations/resources/signage/View on Boundless.com
The Functions of Money and Banking Good Credit Credit, in commerce and finance, is a term used to denote transactions involving the transfer of money or other property on promise of repayment, usually at a fixed future date. Free to share, print, make copies and changes. Get yours at www.boundless.com Charge Smart."ChargeSmart - Gauranteed online bill payment."CC BYhttp://blog.chargesmart.com/2011/04/tips-for-building-better-credit/View on Boundless.com
The Functions of Money and Banking Mural: Checks Cashed Check-cashing institution on Haight Street, San Francisco, California Free to share, print, make copies and changes. Get yours at www.boundless.com Flickr."Mural: Checks Cashed | Flickr - Photo Sharing!."CC BY-SAhttp://www.flickr.com/photos/livenature/180135730/View on Boundless.com
The Functions of Money and Banking Online Direct Banking A list of services offered by the First Direct Bank. Free to share, print, make copies and changes. Get yours at www.boundless.com Flickr."All sizes | First direct offers little | Flickr - Photo Sharing!."CC BYhttp://www.flickr.com/photos/hendry/1801168098/sizes/m/in/photostream/View on Boundless.com
The Functions of Money and Banking ATM ATMs are computers that are much like limited-service bank branches. You can use them to make a withdrawal, make a deposit, make a loan payment, transfer money from one account to another, or check your account balance. Free to share, print, make copies and changes. Get yours at www.boundless.com Flickr."All sizes | ATM | Flickr - Photo Sharing!."CC BYhttp://www.flickr.com/photos/bfishadow/5429601691/sizes/m/in/photostream/View on Boundless.com
The Functions of Money and Banking Money supply In economics, the money supply or money stock, is the total amount of money available in an economy at a specific time. Free to share, print, make copies and changes. Get yours at www.boundless.com Forex Blog."2009 May | Forex Blog."CC BYhttp://www.forexblog.org/2009/05View on Boundless.com
The Functions of Money and Banking U.S. Household Debt Relative to Disposable Income and GDP 1980-2011 A charge-off is the declaration by a creditor (usually a credit card account) that an amount of debt is unlikely to be collected. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia."U.S.Household Debt Relative to Disposable Income and GDP."CC BY-SAhttp://commons.wikimedia.org/wiki/File:U.S._Household_Debt_Relative_to_Disposable_Income_and_GDP.pngView on Boundless.com
The Functions of Money and Banking Banking district in China All three note-issuing banks are in this shot: Bank of China, HSBC (Hongkong and Shanghai Banking Corporation), and Standard Chartered Bank. Free to share, print, make copies and changes. Get yours at www.boundless.com Flickr."Banking District | Flickr - Photo Sharing!."CC BY-SAhttp://www.flickr.com/photos/bsterling/4889577149/View on Boundless.com
The Functions of Money and Banking Discount rate Effective Federal funds rate and discount rate, 1955-2004 Free to share, print, make copies and changes. Get yours at www.boundless.com U.S. Federal Reserve System.Public domainhttp://www.federalreserve.gov/pf/pdf/pf_complete.pdfView on Boundless.com
The Functions of Money and Banking Capital Capital is the value of assets that a debtor currently holds. Free to share, print, make copies and changes. Get yours at www.boundless.com Ventures.CC BYhttp://www.ventures-africa.com/2012/04/capital-isn%E2%80%99t-so-important/View on Boundless.com
The Functions of Money and Banking The Market for Balances at the Federal Reserve Free to share, print, make copies and changes. Get yours at www.boundless.com U.S. Federal Reserve System.Public domainhttp://www.federalreserve.gov/pf/pdf/pf_complete.pdfView on Boundless.com
The Functions of Money and Banking Reserve Requirement Reserve Requirement Ratios, 2004 Free to share, print, make copies and changes. Get yours at www.boundless.com U.S. Federal Reserve System.Public domainhttp://www.federalreserve.gov/pf/pdf/pf_complete.pdfView on Boundless.com
The Functions of Money and Banking Various Central Banks Clockwise from top-left: Federal Reserve, Bank of England, European Central Bank, Bank of Canada. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia."Various central banks."CC BY-SAhttp://commons.wikimedia.org/wiki/File:Various_central_banks.pngView on Boundless.com
The Functions of Money and Banking Free to share, print, make copies and changes. Get yours at www.boundless.com Saylor.CC BYhttp://www.saylor.org/site/wp-content/uploads/2011/07/ECON302-3.3.pdfView on Boundless.com
The Functions of Money and Banking Debt to GDP Ratio This chart demonstrates the overall percentage of debt owned by governments, companies, and individuals relative to overall GDP. The spike shows how credit before the 2008 disaster was easily obtained (irresponsibly so), and post 2008 the reaction has been a reversal of that trend (albeit, temporarily). Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia."US_Private_Debt_to_GDP_by_Sector.png."CC BY-SA 3.0https://upload.wikimedia.org/wikipedia/commons/e/e2/US_Private_Debt_to_GDP_by_Sector.pngView on Boundless.com
The Functions of Money and Banking Mortgage Rates (US) This chart shows the rates of interest incurred by borrowers over time in the US mortgage market, most notably highlighting the relative decrease in overall interest rates even after the Great Recession. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia."Mortgage-Rates-Historical.png."CC BY-SA 3.0https://upload.wikimedia.org/wikipedia/commons/9/9e/Mortgage-Rates-Historical.pngView on Boundless.com
The Functions of Money and Banking Bond Credit Ratings Each credit rating agency designates the quality of bonds with letters. This table shows each agency and their respective rating systems. Free to share, print, make copies and changes. Get yours at www.boundless.com Wikipedia."Bond credit rating."CC BY-SA 3.0http://en.wikipedia.org/wiki/Bond_credit_ratingView on Boundless.com
The Functions of Money and Banking Monthly changes in the currency component of the U.S. money supply as reported by the Federal Reserve Free to share, print, make copies and changes. Get yours at www.boundless.com Wikipedia."Monthly Changes in Currency Component of United States Money Supply."CC BY-SAhttp://en.wikipedia.org/wiki/File:Monthly_Changes_in_Currency_Component_of_United_States_Money_Supply.gifView on Boundless.com
The Functions of Money and Banking measures of aggregate balances, 2001-2004 Billions of dollars Free to share, print, make copies and changes. Get yours at www.boundless.com U.S. Federal Reserve System.Public domainhttp://www.federalreserve.gov/pf/pdf/pf_complete.pdfView on Boundless.com
The Functions of Money and Banking Compound Interest The chart to the left shows how compound interest at various rates would increase Lynne's savings compared with simply putting the money in a shoebox. This is compound interest that you earn. And as you can see from an investment, compounding has a greater effect after the investment and interest have increased over a longer period. Free to share, print, make copies and changes. Get yours at www.boundless.com Federal Reserve Bank of Dallas.Public domainhttp://www.dallasfed.org/assets/documents/cd/wealth/wealth.pdfView on Boundless.com
The Functions of Money and Banking FDIC office in Arlington, VA Between 1989 and 2006, there were two separate FDIC funds—the Bank Insurance Fund (BIF), and the Savings Association Insurance Fund (SAIF). Free to share, print, make copies and changes. Get yours at www.boundless.com Wikimedia."700px-Arlington_FDIC_office.jpg."CC BY-SA 3.0https://commons.wikimedia.org/wiki/File:Arlington_FDIC_office.jpgView on Boundless.com
The Functions of Money and Banking Attribution • Wikipedia."Discount window."CC BY-SA 3.0http://en.wikipedia.org/wiki/Discount%20window • Wiktionary."discount rate."CC BY-SA 3.0http://en.wiktionary.org/wiki/discount_rate • U.S. Federal Reserve System."FRB: The Discount Rate."Public domainhttp://www.federalreserve.gov/monetarypolicy/discountrate.htm • U.S. Federal Reserve System.Public domainhttp://www.federalreserve.gov/pf/pdf/pf_complete.pdf • U.S. Federal Reserve System.Public domainhttp://www.federalreserve.gov/pf/pdf/pf_complete.pdf • Wikipedia."Open Market Operation."CC BY-SA 3.0http://en.wikipedia.org/wiki/Open%20Market%20Operation • Wiktionary."monetary policy."CC BY-SA 3.0http://en.wiktionary.org/wiki/monetary_policy • Wikipedia."Open market operation."CC BY-SA 3.0http://en.wikipedia.org/wiki/Open_market_operation • Wikipedia."Federal Reserve System."CC BY-SA 3.0http://en.wikipedia.org/wiki/Federal%20Reserve%20System • Wikipedia."Federal Reserve System."CC BY-SA 3.0http://en.wikipedia.org/wiki/Federal_Reserve_System • Wiktionary."monetary policy."CC BY-SA 3.0http://en.wiktionary.org/wiki/monetary_policy • Wiktionary."depression."CC BY-SA 3.0http://en.wiktionary.org/wiki/depression • U.S. Embassy."Home | IIP Digital | U.S. Department of State."Public domainhttp://www.america.gov/st/econ-english/2008/April/20080415223532eaifas0.3354151.html • Wikipedia."NCUA."CC BY-SA 3.0http://en.wikipedia.org/wiki/NCUA • Wikipedia."NCUA."CC BY-SA 3.0http://en.wikipedia.org/wiki/NCUA • Wikipedia."National Credit Union Administration."CC BY-SA 3.0http://en.wikipedia.org/wiki/National_Credit_Union_Administration • Wikipedia."Federal government of the United States."CC BY-SA 3.0http://en.wikipedia.org/wiki/Federal_government_of_the_United_States Free to share, print, make copies and changes. Get yours at www.boundless.com
The Functions of Money and Banking • Wikipedia."Federal government of the United States."CC BY-SA 3.0http://en.wikipedia.org/wiki/Federal_government_of_the_United_States • Wikipedia."Federal Reserve System."CC BY-SA 3.0http://en.wikipedia.org/wiki/Federal_Reserve_System%23Check_Clearing_System • Wikipedia."Check-clearing."CC BY-SA 3.0http://en.wikipedia.org/wiki/Check-clearing • U.S. Federal Reserve System.Public domainhttp://www.federalreserve.gov/pf/pdf/pf_complete.pdf • Wikipedia."Federal Reserve System."CC BY-SA 3.0http://en.wikipedia.org/wiki/Federal_Reserve_System%23Lender_of_last_resort • Wiktionary."liquidity."CC BY-SA 3.0http://en.wiktionary.org/wiki/liquidity • New World Encyclopedia."Money supply - New World Encyclopedia."CC BY-SA 3.0http://www.newworldencyclopedia.org/entry/Money_supply • Wikipedia."open market operations."CC BY-SA 3.0http://en.wikipedia.org/wiki/open%20market%20operations • Wikipedia."Money supply."CC BY-SA 3.0http://en.wikipedia.org/wiki/Money_supply • Wikipedia."monetary base."CC BY-SA 3.0http://en.wikipedia.org/wiki/monetary%20base • Wikipedia."Monetary base."CC BY-SA 3.0http://en.wikipedia.org/wiki/Monetary_base • Boundless Learning."Boundless."CC BY-SA 3.0http://www.boundless.com//economics/definition/phillips-curve • Wikipedia."unit of account."CC BY-SA 3.0http://en.wikipedia.org/wiki/unit%20of%20account • Wikipedia."Medium of exchange."CC BY-SA 3.0http://en.wikipedia.org/wiki/Medium_of_exchange • Wikipedia."Money."CC BY-SA 3.0http://en.wikipedia.org/wiki/Money%23Functions • Wikipedia."Store of value."CC BY-SA 3.0http://en.wikipedia.org/wiki/Store_of_value • Wiktionary."medium of exchange."CC BY-SA 3.0http://en.wiktionary.org/wiki/medium_of_exchange • Wiktionary."store of value."CC BY-SA 3.0http://en.wiktionary.org/wiki/store_of_value • Wikibooks."Monetary Economics/Economic Uses of Money."CC BY-SA 3.0http://en.wikibooks.org/wiki/Monetary_Economics/Economic_Uses_of_Money Free to share, print, make copies and changes. Get yours at www.boundless.com
The Functions of Money and Banking • Wikipedia."Credit (finance)."CC BY-SA 3.0http://en.wikipedia.org/wiki/Credit_(finance) • Wikipedia."Credit card."CC BY-SA 3.0http://en.wikipedia.org/wiki/Credit_card • Wiktionary."debtor."CC BY-SA 3.0http://en.wiktionary.org/wiki/debtor • Wiktionary."creditor."CC BY-SA 3.0http://en.wiktionary.org/wiki/creditor • Wiktionary."credit report."CC BY-SA 3.0http://en.wiktionary.org/wiki/credit_report • Wikipedia."Credit history."CC BY-SA 3.0http://en.wikipedia.org/wiki/Credit_history • Wiktionary."automated teller machine."CC BY-SA 3.0http://en.wiktionary.org/wiki/automated_teller_machine • Wikipedia."Direct bank."CC BY-SA 3.0http://en.wikipedia.org/wiki/Direct_bank • Wikipedia."Credit (finance)."CC BY-SA 3.0http://en.wikipedia.org/wiki/Credit_(finance) • Wikipedia."Credit card."CC BY-SA 3.0http://en.wikipedia.org/wiki/Credit_card • Wiktionary."loan."CC BY-SA 3.0http://en.wiktionary.org/wiki/loan • Wiktionary."capital."CC BY-SA 3.0http://en.wiktionary.org/wiki/capital • Wiktionary."collateral."CC BY-SA 3.0http://en.wiktionary.org/wiki/collateral • Wikipedia."Credit history."CC BY-SA 3.0http://en.wikipedia.org/wiki/Credit_history • Sciedu Press." Analysis of Small Credit Union Trends and Opportunities for Accountants."CC BY 3.0http://www.sciedu.ca/journal/index.php/afr/article/view/5366 • Wikipedia."United Nations Federal Credit Union."CC BY-SA 3.0https://en.wikipedia.org/wiki/United_Nations_Federal_Credit_Union • Wikipedia."Federal Credit Union Act."CC BY-SA 3.0https://en.wikipedia.org/wiki/Federal_Credit_Union_Act • Wikipedia."Credit union."CC BY-SA 3.0https://en.wikipedia.org/wiki/Credit_union • Wikipedia."Cooperative banking."CC BY-SA 3.0https://en.wikipedia.org/wiki/Cooperative_banking#Credit_unions Free to share, print, make copies and changes. Get yours at www.boundless.com
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