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unit 1 vocab

Bank and finance unit 1 vocab

TermDefinition
Money something generally accepted as a medium of exchange, a measure of value
Currencies system of money in general use in a country
Coin type of money made with metal, stamped and issued by the authority of
Banknotes promissory notes issued by a Federal Reserve Bank
Government Bond form of debt issued by a national government
Treasury Bonds (T-Bonds) type of treasuries which have the longest maturities of all government bonds
Treasury Notes (T-Notes) type of government bond issued with shorter maturities than T-bonds
Created by: Achilles Bissias
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