economics
Across
- 1. the original amount of money lent in a loan
- 4. a relatively small amount of money lent at a high rate of interest on the agreement that it will be repaid when the borrower receives their next paycheck
- 6. money paid at a regular rate in exchange for money lent
- 8. a numerical expression based on a level analysis of a person's credit files, to represent the creditworthiness of an individual
- 9. a form of pension provided by many financial institutions that provides tax advantages for retirement savings
- 13. money owed that can increase your net worth
- 14. property owned by a person that has value and could be used to pay off debt
- 15. any penalty incurred by an individual for the early withdrawal of funds from an account that is either locked in for a stated period
- 17. debt that does not increase your net worth or help you earn more money
- 20. taxadvantaged retirment plan
- 21. small amounts of money borrowed from credit card lenders at a very high-interest rate
- 24. things you do with money within 1-5 years
- 26. pay for work for time
Down
- 2. things you would do over 5 years
- 3. increase in monetary value
- 5. a plan for income and expenses
- 7. tax levied by a government directly on income, especially an annual tax on personal income
- 10. the total wealth of an individual, company, or household, taking account of all financial assets and liabilities
- 11. money that is owed in a return for a loan or a purchase
- 12. an individual retirement account under United States law that is generally not taxed upon distribution, provided certain conditions are met
- 16. a sum of money paid regularly (typically quarterly) by a company to its shareholders out of its profits (or reserves)
- 18. money that is expected to have earning profit
- 19. all money an individual receives or earns in a set period of time
- 22. things youd do with money in less than a year
- 23. an initial up-front partial payment for the purchase of expensive items/services such as a car or a house
- 25. an employer-sponsored account where employees can save money