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Money Unit Vocabulary Quiz

Authored by James Broaddus

Life Skills

8th Grade

Used 9+ times

Money Unit Vocabulary Quiz
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of 'Change'?

Coins as opposed to paper currency

An organization where people and businesses can keep, invest, or borrow money

A system of money in general use in a particular country

Take and use something that belongs to someone else with the intention of returning it

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of 'Bank'?

Take and use something that belongs to someone else with the intention of returning it

An organization where people and businesses can keep, invest, or borrow money

A system of money in general use in a particular country

Coins as opposed to paper currency

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of 'Currency'?

Coins as opposed to paper currency

Take and use something that belongs to someone else with the intention of returning it

An organization where people and businesses can keep, invest, or borrow money

A system of money in general use in a particular country

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of 'Borrow'?

Coins as opposed to paper currency

A system of money in general use in a particular country

Take and use something that belongs to someone else with the intention of returning it

An organization where people and businesses can keep, invest, or borrow money

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of 'Bonds'?

Take and use something that belongs to someone else with the intention of returning it

Coins as opposed to paper currency

An organization where people and businesses can keep, invest, or borrow money

A fixed-income investment that represents a loan made by an investor to a borrower

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of 'Penny'?

A one-cent coin equal to one hundredth of a dollar

Take and use something that belongs to someone else with the intention of returning it

An organization where people and businesses can keep, invest, or borrow money

A system of money in general use in a particular country

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of 'Cash'?

Money in coins or notes, as distinct from checks, money orders, or credit

A system of money in general use in a particular country

Take and use something that belongs to someone else with the intention of returning it

Coins as opposed to paper currency

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