| A | B |
|---|---|
| liquidy | the ability to be used as, or directly converted to, cash |
| demand deposit | the money in checking accounts |
| fractional reserve banking | a banking system that keeps only a fraction of funds on hand and lends out the remainder |
| default | failure to pay back a loan |
Answer
The answer is "the failure to pay back a loan". In computer systems, we have a different meaning to the word default. It is referred to the setting or option in a computer upon opening a program or application. But according to the dictionary, default refers to the failure to make a payment such as a loan.
New questions in Computers and Technology
IN Activity 1 I. Directions: After learning about the different tools, materials and equipment, withyour own sets of nail care tools, materials and eq …
What is money of exchange?
Money of Exchange-anything that is used to determine value during the exchange of goods and services
What is an example of representational money?
Using corn, cattle, or cotton as a medium of exchange is an example of (representative money/Commodity money).
What is the meaning of "barter"?
Anything that is used to determine value during the exchange of goods and services. Barter. The direct exchange of one set of goods or services for another. Unit of Account. A means for comparing the values of goods and services. Store of value. Something that keeps its value if is stored rather than used. Currency.
Can you divide a dollar bill into smaller units?
Divisibility-it is easy to divide the dollar bill into smaller units
What is representative money?
representative money. objects that have value because the holder can exchange them for something else of value. specie. coined money, usually gold or silver, used to back paper money. fiat money. objects that have value because a government has decreed that they are an acceptable means to pay debts. bank.
What is the definition of a medium of exchange?
medium of exchange. anything that is used to determine value during the exchange of goods and services. barter. the direct exchange of one set of goods or services for another. unit of account.
What is a central bank?
a monetary system in which paper money and coins had the value of certain amounts of gold. central bank. a bank that can lend to other banks in time of need. member bank. a bank that belongs to the Federal Reserve System. foreclosure. the seizure of property from the borrowers who repay their loans. money supply.
What is represenative money?
represenative money. objects that have value because the holder can exchange them for something else of value. fiat money. money that has value because the government has ordered that it is an acceptable menas to pay debts. banke. an institution for receinving keeping, and lending money. national bank.
What is liquidy in banking?
all the money available in the united states economy. liquidy. the ability to be used as, or directly converted to, cash. demand deposit. the money in checking accounts. fractional reserve banking. a banking system that keeps only a fraction of funds on hand and lends out the remainder. default.
What is debit card?
debit card. a card used to withdraw money. creditor. person or institution to whom money is owed. money. anything that serves as a medium of exchange a unit of account and a store of value. medium of exchange. anythign that is used to determine value during the exchange of goods and services. barter.
What is the meaning of barter?
anythign that is used to determine value during the exchange of goods and services. barter. the direct exchange of one set of goods or services for another. unit of account. a means for comparing the value of goods and services. store of value. somthing that keeps its value if it is stored rather than used. currency.
