Finance Crossword
Across
- 2. How much you have.
- 4. interest on borrowing and accrued interest: interest that is calculated on the combined total of the original sum borrowed principal and the interest it has already accrued
- 5. the maximum amount of credit that a lending institution or a credit card company will extend to a client
- 7. an arrangement in which a customer keeps money in a bank or other financial institution and is offered financial services in exchange
- 9. total fee for credit: an amount paid by a borrower to a lender for arranging a loan, or interest amounts paid on the loan
- 10. an amount of money taken out of an account
- 11. card for deferring payment: a card issued by a bank or business that allows somebody to purchase goods and services and pay for them later, often with interest
- 12. A daily periodic interest rate is calculated by dividing the annual percentage rate (APR) by either 360 or 365, depending on the card issuer.
- 14. relating to the initial amount of money that was invested or borrowed
- 15. the money somebody has: the money at the disposal of an organization, country, or person
Down
- 1. money that you pay up front
- 3. account for saving money: a bank account that earns interest on money deposited
- 4. account for saving money: a bank account that earns interest on money deposited
- 6. A rate which is charged or paid for the use of money
- 8. a legal contract allowing somebody exclusive possession of another's property for a specific time in return for a payment
- 13. annual percentage rate