· amount: quantity of something
· authorities: people or organizations that have the power to make
decisions and control others
· bond: a certificate issued by a government or a company promising
to repay borrowed money at a fixed interest rate at a specified time
· borrow: take money from a person or bank under an agreement to pay
it back later
· broad money: money in any form, including bank or other deposits
· currency in circulation: coins and banknotes that people spend
· demand: desire of consumers for a particular commodity or service
· discount rate: interest rate at which the Central Bank lends money to
commercial banks
· exchange rate: value of one currency in terms of another
· inflation: a general increase in the prices of goods and services
· interest: money paid regularly at a particular rate for the use of money
which have been lent
· interest rate: amount of interest that must be paid
· lend (lent): to give (money) for some time, often at interest
· monetary: relating to money or currency
· money supply: total amount of money in a country's economy
· narrow money: money in forms that are used as a medium of exchange
· open market operations: buying and selling government bonds in the
open market
· output: amount of goods produced by a person, machine, or industry
· price: amount of money which is given in payment for something
· ratio: a proportion between 2 amounts
· recession: period of temporary economic decline
· savings deposit: deposit that earns interest
· sight deposit: deposit that can be withdrawn at any time
· supply: amount of a good or service which is offered for sale
· time deposit: deposit in a bank account that cannot be withdrawn
before a fixed date
· treasury bill: a short-term government security which earns no interest
· velocity of circulation: the speed with which money moves between
organizations and bank accounts
· withdraw: take away or remove money from a deposit or account in a
bank or financial institution