Economics 15-18- MS

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Across
  1. 2. a plan for making and spending money
  2. 6. a checking account at a bank or a similar depository institution
  3. 8. the protection or promotion of the interests of consumers
  4. 10. type of borrowing for the use of debt to purchase goods which will increase in value
  5. 11. to fail to do something required
  6. 15. the moving of goods or people from one place to another
  7. 18. account held by two or more people
  8. 19. type of account that payments can be ordered by a depositor
  9. 22. agreeing to be responsible for another person's loan payments if that person fails to make them
  10. 23. type of borrowing for the use of debt to purchase goods which will be consumed immediately
  11. 24. the act of taking an asset used as collateral and selling it to pay the debt
  12. 29. using a future date on a check
  13. 30. personal check for which a bank has guaranteed payment
  14. 31. a person to whom money is owed
  15. 33. check used in place of cash when traveling to guarantee greater security
  16. 34. type of checking account that pays interest
Down
  1. 1. to set right, remedy; relief from wrong or injury
  2. 3. a legal process that allows part of your paycheck to be withheld for payment of a debt
  3. 4. something of value that a borrower lets the lender claim if a loan is not repaid
  4. 5. the fair distribution of economic benefits
  5. 7. money borrowed against a credit card
  6. 9. specified amount of money that the insured must pay before an insurance company will pay a claim
  7. 12. possible outcomes
  8. 13. a loan used for personal use
  9. 14. services needed by the public
  10. 16. term for both cashier's check and certified checks
  11. 17. the difference between assets and liabilities
  12. 20. income not used for consumption
  13. 21. the amount of money borrowed
  14. 25. a check dated more than 6 months prior to delivery; not accepted
  15. 26. the maximum dollar amount that can be borrowed
  16. 27. check written by a bank on its own funds
  17. 28. the price paid for the use of borrowed money
  18. 32. person who owes money