consumer math
Across
- 2. a financial liability or obligation owed by one person, the debtor, to another, the creditor
- 3. a payment card that deducts money directly from a consumer's checking account when it is used
- 5. wages withheld from an employee's total earnings for the purpose of paying taxes, garnishments, and benefits, like health insurance
- 6. when an employee at different intervals throughout the day and night
- 8. all the money you earn before taxes and other deductions are subtracted
- 13. an expense in your budget that you can expect to stay the same, or close to it, over time
- 20. a security that represents the ownership of a fraction of the issuing corporation
- 21. the action or process of reducing or paying off a debt with scheduled, pre-determined installments that include principal and interest
- 24. mandatory contributions levied on individuals or corporations by a government entity
- 25. the maximum amount of money a lender will allow you to spend on a credit card or a line of credit
- 27. an asset or item acquired with the goal of generating income or appreciation
- 28. the reduction in value of an asset
- 29. a prediction of your credit behavior, such as how likely you are to pay back a loan on time, based on information from your credit reports
Down
- 1. removing funds from a bank account, savings plan, pension, or trust
- 2. the cash that the buyer pays upfront in a real estate transaction and other large purchases
- 4. the money you may have available after taxes and deductions are taken out of your paycheck
- 7. anything that an individual or business owns that has momentary value
- 9. using your personal information such as your name, social security number, or credit card number without your permission
- 10. placing money into care of a bank or other financial institution
- 11. a retirement savings plan that offers significant tax benefits while helping you plan for the future
- 12. expenses that change in amount from month to month
- 14. the monetary charge for borrowing, or depositing money and is usually expressed as a percentage of the amount borrowed, or deposited; a charge that borrowers pay lenders for a loan
- 15. generally operates as a substitute for cash or check, allowing one to buy now and pay back later with interest
- 16. a specialized computer that allows you to complete bank transactions without the need to see a bank representative
- 17. an increase in value of an asset over time
- 18. the ability to borrow money with the promise that you'll repay in the future, often with interest
- 19. things that are nice to have but are not necessary
- 22. the money that a person or entity receives in exchange for their labor or products; the amount of money,property, and other items of value received over a set period of time in exchange for services or products
- 23. something necessary for survival or basic functioning
- 26. an estimate of income and expenditure for a set period of time