FIN LIT VOCAB AND CROSSWORD PUZZLE
Across
- 2. The transfer of money by one party to another with an agreement to pay it back.
- 4. score A prediction of your credit behavior.
- 6. Money that you own.
- 8. Union A not-for-profit financial institution that distributes their profits among their members.
- 9. The price paid for borrowing money.
- 11. value of money Money received today is worth more than now some time in the future.
- 12. A company or individual who fails to make payments or interest payments on time.
- 13. Anything that has current or future economic value to a business.
- 14. card A payment card that makes payments by deducting money directly from a consumer's checking account.
- 17. vs. want Need is something you really need and want is something you really want.
- 19. yourself first Save your money and spend your money on yourself first.
- 20. A measure of how likely you will default on your debt obligations according to a lender's assessment, or how worthy you are to receive new credit.
- 21. A plan to spend a certain amount of money on items.
- 22. Broker Buy and sell stocks on behalf of investors.
Down
- 1. Getting money.
- 3. of Deposit (CD) A type of savings account offered by banks and credit unions.
- 5. The spreading of your investments both among and within different asset classes.
- 7. The ability to borrow money or access goods or services with the understanding that you'll pay later.
- 8. shopping Comparing similar products from different stores or suppliers.
- 10. report. A report of your credit history.
- 13. The cost you pay each year to borrow mg fees, expressed as a percentage.
- 15. When a person or business is unable to repay outstanding debts or obligations.
- 16. A method by which you can protect yourself and your loved ones from facing a financial crisis.
- 18. fund Money that you use for emergencies only.
- 19. The amount you borrowed and have to pay back.