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| moneyless economy that relies on trade |
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| any substance that serves as a medium of exchange |
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| something accepted by all parties as payment for goods and services |
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| common denominator that can be used to express wroth in terms that most individuals understand |
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| property that allows purchasing power to be saved until needed |
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| money that has an alternative use as an economic good |
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| money by government decree |
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| money in the form of coins made from silver or gold |
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| standard unit of currency |
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| dollars that become available when people abstain from consumption |
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| network of savers, investors, and financial institutions that work together to transfer savings to investors |
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| receipt showing that an investor has made an interest-bearing loan to a bank |
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| claims on the property and the income of the borrower |
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| financial institutions that lend the funds that savers provide to borrowers |
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| Nonbank financial institutions |
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| nondepository institutions that channel savings to borrowers |
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| loan that consumers use to pay off other bills |
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| price the insured pays for this policy and is usually paid monthly, quarterly, or annually for the length of the protection |
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| net value of the mutual fund divided by the number of shares issued by the mutual fund |
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| regular payment intended to provide income security to someone who has worked a certain number of years, reached a certain age, or suffered a certain kind of injury |
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| fund set up to collect income and disburse payments to those persons eligible for retirement |
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Term
| Real estate investment fund (REIT) |
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Definition
| company organized primarily to make loans to construction companies that build homes |
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