FIN LIT VOCAB

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Across
  1. 2. a record of a borrowers responsible repayment of debts.
  2. 3. A legal processing when a person or a business is unable to repay debts or obligations.
  3. 8. A type of savings account that is offered by banks and Credit unions.
  4. 9. A Not for profit financial institution that accepts deposits, make loans, and provides a wide array of other financial services and products.
  5. 10. A spending plan based on income or expenses.
  6. 12. A need is something that is necessary to live and a want is something that can improve your quality of life.
  7. 14. Expanding a company's operations into new or unrelated products,Services, markets or industries
  8. 16. Money received on a regular basis
  9. 17. A way to manage your risks.
  10. 18. Individuals that buy and sell stocks for retail and institutional clients, through a stock exchange or over the counter.
  11. 20. Something that is owed
  12. 21. The ability to borrow money and pay it back in the future with interest.
  13. 22. A prediction of your credit behavior like how likely you are to pay a loan back on time
  14. 23. comparing two different products or services before buying.
Down
  1. 1. A sum of money that is lent or invested
  2. 4. Things that someone owns that they can sell for money.
  3. 5. Setting aside money first before paying bills and making purchases.
  4. 6. The concept that the money today is worth more than it will be tomorrow.
  5. 7. A debt that is incurred by an individual.
  6. 11. A payment card that can be used to make purchases instead of using cash.
  7. 13. Source of cash in case of an unplanned expense.
  8. 15. Failure to meet legal obligations
  9. 16. Money that is paid regularly at a particular rate for money borrowed or not paid on time.
  10. 19. The cost that someone pays each year to borrow money.
  11. 21. When someone is considered suitable to receive financial credit.