Banking and Finance Puzzle
Across
- 2. A person or organization that acts on behalf of another person or persons (in financial matters) , with a duty to preserve good faith and trust.
- 3. A _______ rate is the minimum rate of return required on a project or investment.
- 7. A claim or legal right against assets that are typically used as collateral to satisfy a debt.
- 8. A form of derivative financial instrument in which two parties contractually agree to transact an asset at a specified price before a future date.
- 9. The overnight lending offered interbank rate for Indian commercial banks.
- 11. A type of banking service provided to unemployed or low-income individuals or groups who otherwise would have no other access to financial services.
- 12. A payment or discount that one may receive in exchange for performing certain services. It may be both legal and proper, or it may be a bribe.
- 13. The process by which an employee with a qualified retirement plan and/or stock option becomes entitled to the benefits of ownership, even if they no longer works at the company.
Down
- 1. An arrangement between a bank and an insurance company allowing the insurance company to sell its products to the bank's client base.
- 4. A term used in venture capital industry to describe a privately held startup company with a value of over $1 billion.
- 5. A type of social engineering attack often used to steal user data, including login credentials and credit card numbers.
- 6. A legal concept describing a financial instrument whereby an asset is held by a third party on behalf of two other parties that are in the process of completing a transaction.
- 10. The point at which cost and income are equal and there is neither profit nor loss also : a financial result reflecting neither profit nor loss.
- 14. A ______ Account means an account opened and maintained for holding Government securities.