Examlex
What did the introduction of maize and the potato represent for Eastern Europe?
Traveler's Checks
Preprinted, fixed-amount checks designed to allow the person signing it to make an unconditional payment to someone else as a result of having paid for that privilege.
Saving Deposits
Accounts held at financial institutions that pay interest but typically have restrictions on withdrawals.
M1
A category of the money supply that includes all physical currency and coin, demand deposits, traveler's checks, and other checkable deposits.
Open-Market Purchase
The buying of securities and other financial assets by a central bank from the market to increase the money supply and lower interest rates.
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