Chapter 1 Vocabulary
Across
- 6. money received for work, as a gift, or through investments
- 7. the knowledge and skill base necessary for people to be informed consumers and manage their finances effectively
- 8. a loan obtained for the purchase of a home
- 11. a person or organization that uses a product or service
- 12. the management of the resources of a community, country, etc., especially with a view to its productivity.
- 13. financial debts or obligations
- 15. the additional cost a lender charges for borrowing their money
- 16. money owed to another person or company
Down
- 1. all the financial decisions an individual or family must make in order to earn, budget, save, spend, and give money over time
- 2. a written plan for giving, saving, and spending
- 3. something lent or furnished on condition of being returned, especially a sum of money lent at interest
- 4. the cost of goods or services; money paid out
- 5. a period of an economic contraction, sometimes limited in scope or duration.
- 9. anything that is owned by an individual, including money in the bank or investments
- 10. the granting of a loan and the creation of debt; any form of deferred payment
- 14. all things that have a monetary or exchange value