FIN LIT vocab DAMIAN

12345678910111213141516171819202122232425
Across
  1. 2. comparing similar products from different stores or suppliers
  2. 6. need is something that is necessary to live and function.
  3. 7. the ability to borrow money with the promise that you'll repay it in the future, often with interest.
  4. 12. payment card that deducts money directly from your checking account
  5. 13. a missed payment or multiple missed payments on money that you've borrowed
  6. 14. the yearly interest and fees paid on debt.
  7. 18. financial professionals who buy, sell and trade financial securities for their clients
  8. 21. cash reserve that's specifically set aside for unplanned expenses or financial emergencies.
  9. 23. prediction of your credit behavior, such as how likely you are to pay a loan back on time, based on information from your credit reports
  10. 25. a strategy that mixes a wide variety of investments within a portfolio in an attempt to reduce portfolio risk.
Down
  1. 1. first or highest in rank, importance, value, etc.; chief;
  2. 3. a record of the money taken from your bank account, for example, when you make a payment.
  3. 4. set aside money for savings before paying bills and making other purchases
  4. 5. a set of federal laws and rules that can help individuals and businesses who owe more debt than they can spending plan based on income and expenses.
  5. 8. a method by which you can protect yourself and your loved ones from facing a financial crisis.
  6. 9. things you own that you can sell for money.
  7. 10. the concept that money today is worth more than money tomorrow.
  8. 11. is a statement that has information about your credit activity and current credit situation such as loan paying history and the status of your credit accounts.
  9. 15. the money that a person or entity receives in exchange for their labor or products
  10. 16. type of savings account offered by banks and credit unions
  11. 17. a spending plan based on income and expenses.
  12. 19. the cost of borrowing money.
  13. 20. one who can safely be lent money or allowed to have goods on credit
  14. 22. a nonprofit financial institution that's owned by the people who use its financial products.
  15. 24. form of debt incurred by an individual or other entity.