Banking crossword

2. Security that represents ownership of corporation
3. Electronic funds transfer
5. bank A bank that offers services for general public- for profit
6. an electronic banking outlet that allows customers to complete basic transactions without the aid of a branch representative or teller
9. Written instrument issued by the bank to order payment to other party
11. gains Profit from sale of property or investment that must pay taxes on earned income
13. point of sale
15. something pledged as security for repayment of a loan, to be forfeited in the event of a default.
16. a non profit entity whose members can borrow from pooled deposits at low interest rates
17. Rate of return on investment/borrowed and annual percentage yield
18. bond US government backed security with fixed rate terms- 20-30 year maturity

1. Electronic deposit of funds to account
2. loan Loans required for education purposes (any level of education)
4. Taking money out of an account
7. balance the amount of money that the account holder can withdraw immediately
8. Money borrowed from lender for purchase of automobile- car is collateral
10. loan a financial instrument that can be used to cover both unexpected and anticipated expenses
12. a fixed sum of money paid to someone each year, typically for the rest of their life.
14. of deposit a certificate issued by a bank to a person depositing money for a specified length of time
16. Interest the interest you earn on interest