Chapter 19 crossword puzzle

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Across
  1. 3. an item of value that a lender can seize from a borrower if he or she fails to repay a loan according to the agreed terms
  2. 4. funds/ company that brings together money from many people and invests it in stocks, bonds, or other assets
  3. 7. entity (person or institution) that extends credit by giving another entity permission to borrow money intended to be repaid in the future
  4. 9. any person who gains an advantage or profits from something
  5. 10. a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an insurance company
  6. 12. an individual or firm that acts as an intermediary between an investor and a securities exchange
  7. 13. a public health insurance program that provides health care coverage to low-income families
  8. 14. system of government subsidies for health care for the elderly and disabled
  9. 15. exchange/ central marketplace where stocks and other securities are traded, bought, and sold
Down
  1. 1. the process of converting a value received in a future time period
  2. 2. is the U.S. government program that pays benefits to workers after retirement, to spouses and children of deceased workers, and to workers who become disabled before they retire.
  3. 5. a medium of exchange for goods and services
  4. 6. the central bank and monetary authority of the United States
  5. 8. unions/
  6. 9. a legal proceeding involving a person or business that is unable to repay their outstanding debts
  7. 11. an amount paid periodically to the insurer by the insured for covering his risk