Business Crossword Puzzle

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Across
  1. 3. A low-free portfolio of stocks and/ or bonds that are traded on securities exchanges. Unlike mutual Funds. they can be traded throughout the day like an individual stock.
  2. 4. A financial asset, such as a stock or bond, that can be bought and sold in a financial planner.
  3. 8. The process of setting money aside to increase wealth over time for long-term financial goals such as retirement.
  4. 9. A share of the value of a company, which can be bought, sold, or traded as an investment and which gives the investor small partial ownership of the company.
  5. 11. The annual interest payment on a bond, usually expressed as a percentage of its face value.
  6. 13. An application that allows users to regularly save small sums of money.
  7. 18. Profit from the sale of an asset, such as a stock or a bond, calculated by subtracting the price you initially paid from the price you then sold it for.
  8. 20. A market where shares in corporations are ought and sold through an organized system.
Down
  1. 1. A measurement of the likelihood that a bondholder will be paid back.
  2. 2. (IRA) An investing tool for individuals to earmark funds specifically for their retirement.
  3. 5. A market in which there is increased stock trading and rising stock prices.
  4. 6. A retirement account, offered in some job sectors or companies, that an employer maintains to give an employee a fixed payout at retirement.
  5. 7. The practice of putting a fixed amount into an investment over a period of time, regardless of the price of that investment.
  6. 10. An individual retirement account that allows a person to set aside after-tax income up to a specified amount each year.
  7. 12. A security in which the investor loans money to a company or government, which then pays regular interest to the bondholder and returns the principal on the bond´s maturity date.
  8. 14. The rate at which the price of goods increases and consumer purchasing power decreases over time.
  9. 15. A Federal program that provides monthly benefits to millions of Americans, including retirees, military families, surviving families of deceased workers, and disabled individuals.
  10. 16. The second largest stock exchange in the world behind the NYSE.
  11. 17. Degree of uncertainty on how likely the investor is to make money on an investment.
  12. 19. A group of financial instruments which have similar financial characteristics and behave similarly in the marketplace (like stocks, bonds, and cash).