FIN LIT CROSSWORD FREDDIE

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Across
  1. 4. to fail to fulfill a contract, agreement, or duty
  2. 7. a way to manage your risk
  3. 8. a spending plan based on income and expenses
  4. 11. score a three-digit number that shows lenders the likelihood that someone will pay off their debts
  5. 12. something that is necessary to live and function and something that can improve your life.
  6. 13. the cost of borrowing money
  7. 15. the money that you originally agreed to pay back
  8. 17. the amount owed by the borrower to the lender
  9. 19. shopping comparing similar products from different stores/suppliers
  10. 20. a relationship between a borrower and a lender
  11. 22. financial professionals who buy, sell and trade financial securities for their clients
  12. 23. report when you borrow money from a lender on the understanding that you’ll pay it back later
  13. 24. fund a cash reserve that’s specifically set aside for unplanned expenses or financial emergencies
Down
  1. 1. a strategy that mixes a wild variety of investments in an attempt to reduce risk
  2. 2. a form of debt incurred by an individual or other entity
  3. 3. setting aside money for savings before bills and making other purchases
  4. 5. the concept of money today that is worth more than money tomorrow
  5. 6. a measure of how likely you will default your debt
  6. 8. a legal process that helps people and businesses obtain financial relief when they can’t pay their debts
  7. 9. card a payment card that deducts money directly from your checking account
  8. 10. a nonprofit institution that seeks to encourage savings and make excess funds
  9. 14. type of savings account offered by banks and credit unions
  10. 16. things you own that you can sell for money
  11. 18. the cost you pay each year to borrow money, including fees, expressed as a percentage
  12. 21. the money that a person or entity receives in exchange for their labor/products