Finance Crossword

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Across
  1. 2. How much you have.
  2. 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
  3. 5. the maximum amount of credit that a lending institution or a credit card company will extend to a client
  4. 7. an arrangement in which a customer keeps money in a bank or other financial institution and is offered financial services in exchange
  5. 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
  6. 10. an amount of money taken out of an account
  7. 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
  8. 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.
  9. 14. relating to the initial amount of money that was invested or borrowed
  10. 15. the money somebody has: the money at the disposal of an organization, country, or person
Down
  1. 1. money that you pay up front
  2. 3. account for saving money: a bank account that earns interest on money deposited
  3. 4. account for saving money: a bank account that earns interest on money deposited
  4. 6. A rate which is charged or paid for the use of money
  5. 8. a legal contract allowing somebody exclusive possession of another's property for a specific time in return for a payment
  6. 13. annual percentage rate