Econ

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Across
  1. 2. The original amount of money borrowed
  2. 5. The number of years it takes for a certain amount to double. (72 divided by annual rate of interest)
  3. 6. Amount you must pay before you receive any benefits from insurance
  4. 7. Card that allows you make basic financial transactions
  5. 9. Agreement of insurance
  6. 12. Out-of-pocket fee paid by a person with health insurance
  7. 16. A nonprofit financial institution that is owned by its members and organized for their benefit.
  8. 19. Company or government agency provides a guarantee of compensation for loss
  9. 20. Amount of protection you have through an insurance company in the event of a loss
  10. 21. Sum or money paid by the insured to the insurance company
  11. 23. Liquidation of assets in order to repay creditors
Down
  1. 1. interest paid on the principal alone
  2. 3. Property owned by a person or company
  3. 4. a signature or stamp on the back of a check
  4. 8. Sharing of expenses by the policyholder and the insurance company
  5. 10. Measure of wealth (assets-liabilities)
  6. 11. a check written for an amount more than in your account
  7. 13. interest earned on both the principal amount and any interest already earned
  8. 14. A for-profit institution that offers personal loans, mortgages, and other services.
  9. 15. Request by policy holder to a insurance company for coverage or compensation
  10. 17. Occurs when money is withdrawn from the bank and balance goes below zero
  11. 18. Something a person/company owns
  12. 22. 4 digit code that you use with your debit card