AES Finance Puzzle = Russell's Class

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Across
  1. 5. covers your place of residence from damage and theft
  2. 7. is when the customer alerts the insurance company that a covered loss should be paid for
  3. 9. is an insurance policy that allows the buyer to pay a set amount monthly or a large one-time payment to gain a steady stream of income later, typically after retirement
  4. 12. purchase a home based on credit score and loan terms (3o year fixed is most common)
  5. 14. borrow against the value of the home for various reasons based on owner's credit
  6. 18. can vary depending on whether a business has employees and property
  7. 21. Long-term investments that will grow in value
  8. 23. helps to cut down an individual’s out-of-pocket costs for medical care
Down
  1. 1. allows an individual to save for retirement on their own
  2. 2. help consumers and businesses build portfolios for their financial future
  3. 3. pay for tuition, board, books and fees with a high rate of interest
  4. 4. Generate constant income, not necessarily growth
  5. 6. insurance that can cover fraudulent activity by an employee
  6. 8. are when a financial institution gives you money to pay for something and you repay every loan, with interest
  7. 10. is a selection of investments. Investment firms invest your money in many different types of financial instruments for you to get the best and safest possible return on your money
  8. 11. can affect whether banks or other financial institutions are interested in offering you a loan
  9. 13. covers individuals and businesses who operate vehicles
  10. 15. can be used several ways...Many people use it to cover funeral and burial costs when they die
  11. 16. loans borrow money against paychecks or car tiles with a very high interest rate for 2 weeks to a month
  12. 17. start or expand a business based on personal credit or financial standing and business plan with variable terms
  13. 19. use money that is deposited directly from your paycheck to invest in a portfolio of stocks and bonds in the hopes of growing the account into a nice savings account to support you in retirement
  14. 20. is the way a person or business protects itself from losing money
  15. 22. used to purchase a vehicle based on credit terms for 3 to 6 years