the percentage of people in the labour force who cannot find a job but are looking for it
a letter from one bank to another bank, by which a third party, usually a customer, is able to obtain money
a bank that provides finance for companies, esp. by buying stocks and securities and selling them in smaller units to the public
a method used by central banks to control the level of interest rated by influencing conditions in the money market by buying and selling bonds and securities in the open market, thus reducing or increasing the funds available in the market
a customer’s instruction to a bank to pay a certain amount to another person or organization at regular intervals
a book that lists all payments into and withdrawals from a savings bank account
the desire to hold money for the purpose of making purchases or expenditures in the near future
money that has value as a commodity as well as in its role as money, such as precious metals, cows, tobacco, or other tangible goods
middlemen who bring borrowers and lenders together
a type of a current account used mainly by employees
a general continuous increase in the average level of prices of goods and services in the economy
money in the form of coins and notes
paper money or coins of little or no intrinsic (material) value in themselves, that is, accepted as money only because the government declares it to be money
combination of stagnation and inflation, i.e. existence of high unemployment and recession and high rates of inflation at the same time
(see Moderate inflation) single-digit inflation
a loan made by a bank to a customer so s/he may withdraw more money than is actually in the bank account
a small plastic card with a memory chip
a place where valuable things are stored
the fact that payments to be made in the future are usually specified in terms of money
money collected from employers and employees, or by the State, and invested to provide future pensions
a process by which cheques and other payments are passed through the banking system until the transactions are completed
an investment or item of financial value, esp. a stock, share or debenture, that can be bought and sold on a stock exchange
alternative measures of the money supply which differ from each other according to which types of deposits are included
a transferable document issued by a bank as evidence that a large sum of money has been lent to the bank for a fixed period of time
a plastic card which is used instead of money or a cheque to pay for goods and services. The cost is taken directly from the user’s bank account. Debit cards can also be used to obtain money from cash dispensers
reserves held by banks in excess of the amounts required by law that are available to lend
(see Current Account) a bank account which usually earns little or no interest and from which money can be taken out at any time by cheque
unemployment resulting from changes in economy itself
a signed document, such as a Cheque, that orders a person or an organization, such as a bank, to pay a fixed sum of money on demand or on a certain date to the person specifies
any form of money which by law must be accepted when offered in payment
single-digit inflation
a definition of money including financial assets which are relatively liquid, but not as liquid as narrow money items. A financial asset, which would be regarded as narrow money, would also fall within the definition of broad money, but broad money extends the range of assets, which are regarded as money
financial assets which perform the functions of money when a fairly narrow definition of liquidity is applied
a plastic card which is used instead of money to pay for goods and services. The cost is charged to one’s account and paid later
assets kept by a bank to be able to provide cash in exchange for deposit balances when needed
an amount charged for money borrowed
unemployment resulting from fluctuations in economic activity
a special printed form filled in a signed by a person (the drawer) asking a bank (the drawee) to pay a sum of money to someone (the payee)
a state-owned bank which controls the amount of money available and the general banking systems in a country, and influences interest rates
the system of exchanging goods for other goods rather than for money
an asset which can be used almost as if it were money although it is not
a financial intermediary with a government license to make loans and issue deposits
the control, by the government, of a country’s currency and its system for lending and borrowing money, esp. through the supply of money
a bank account kept in a foreign currency
gradual intensification of inflation
(see Labour force) all people of working age, both employed and unemployed
unemployment caused by new entrants to the job market and people who have left their jobs to look for and find other jobs
an arrangement where goods and services can be received now and paid for later, within an agreed period
money invested in a bank account that pays interest and for which the bank needs a notice in advance if the money is to be taken out
(see Money supply) the total of all the money held by all persons and organizations in a country at a particular time; the whole of a country’s existing stock (or supply) of money to hold as a liquid asset
1) any kind of money that is in general use as cash, passing from person to person, such as coins and banknotes, 2)the money of a particular country
the relation between a bank’s total cash reserves of notes, coin, etc. and its total deposit liabilities
“I owe you” – a piece of paper saying that one owes a certain amount of money to someone, signed and dated, forming a simple acknowledgement of a debt
the ability of the banking system to lend (create money) by a multiple of its excess reserves
double or triple digit inflation
(see Credit multiplier or Bank deposits multiplier) the ratio of potential change in the money supply to an initial change in excess reserves
any article which is widely used because it forms a convenient and commonly acceptable means of payment when goods are exchanged, bought and sold
the rate of interest charged by a central bank to commercial banks that borrows from it
(see Credit multiplier or Money multiplier) the ratio of potential change in the money supply to an initial change in excess reserves
the amount of reserves that banks are required by law to keep, as a fraction of demand deposits
the total of all the money held by all persons and organizations in a country at a particular time; the whole of a country’s existing stock (or supply) of money to hold as a liquid asset
a financial institution that provides insurance
all people of working age, both employed and unemployed
money provided by a bank to companies and to private persons in the form of loans and overdrafts
a measure of value and a standard of comparing values of different goods and services
inflation that occurs when total planned spending increases faster than total output, i.e. when too much money is chasing too few goods
inflation that occurs when restrictions are placed on the supply of factor inputs, or, when the prices of those inputs are increased
(see Bank deposits multiplier or Money multiplier) the ratio of potential change in the money supply to an initial change in excess reserves
the desire to hold money as one of many kinds of financial assets, negatively related to the interest rate
information or a warning given in advance about something that is going to happen in the future
(also called: high-powered money) cash in circulation with the public plus bank’s till money and bank’s operational deposits at the central bank
the cost of borrowing money expressed as a percentage of the capital borrowed (úroková míra)
(see Hyperinflation) inflation of four or more digits
a payment to someone for providing a service or a good, usually a percentage of the total value of the deal
a bank account which usually earns little or no interest and from which money can be taken out at any time by cheque
one of a series of payments, usually as a means of buying goods
the easy and speed with which an asset can be converted into a medium of exchange
the ability to store wealth or purchasing power for future use
inflation of four or more digits
a financial institution that specializes in providing services such as savings accounts as opposed to general banking services
general decrease in prices
gold or silver in the form of bars not coins
the act of sending or transferring money; the amount sent