Money
Legal tender issued by a government. Paper currency and coin. 

Negotiable Instrument
An order or promise to pay a certain amount of money that can easily be transferred from one person to another.

Liquid
Easily converted into cash.

Federal Reserve Board
Established in 1913 to regulate the monetary and banking system of the United States through the Federal Reserve System.

Open Market Operations
Activities by the Federal Reserve Bank to regulate money supply.

Money Market
Market for short-term debt with a maturity of one year or less.

Monetary Policy
Decisions of the Federal Reserve Board regarding money supply.

Inflation
A rise in prices usually due to too much money chasing too few goods and services.

货币
政府发行的法定货币。有纸币和金属币。

可转让票据
一种汇款单或付款承诺并可以自由转让。

流动性
变现能力。

联邦储备委员会
1913年成立，通过联邦储备系统管理美国的货币和银行系统。

公开市场业务
联邦储备银行管理货币供应的活动。

货币市场
短期负债，一年内到期的市场。

货币政策
联邦储备委员会有关货币供应的决策。

通货膨胀
由于货币过多，商品和服务过少而产生的价格上涨