Financial Crossword

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Across
  1. 5. A record of things a party has borrowed from another party. Reports on one’s debt.
  2. 8. The consideration of a good considered vital versus a good purchased only for your leisure.
  3. 10. An instant electronic payment method.
  4. 13. A calculation plan, usually financial in nature. Can be used to determine many things, but a common case that we would see it in is when you are setting aside money for groceries.
  5. 14. To invest in numerous different fields in order to prevent a volatile portfolio.
  6. 17. The initial agreed upon amount of money to be paid back.
  7. 20. An obligation that one party pays money to another, usually a party that the first one has borrowed money from.
  8. 21. Yearly interest rate applied to loans and mortgages.
  9. 22. A means of protection against financial loss, where a company or other group will agree to compensate another party.
  10. 23. The concept that money is more valuable when paid in the current, immediate moment, as opposed to an identical sum later.
Down
  1. 1. The setting aside of money for savings before handling other finances. In other words...
  2. 2. A numerical value representing creditworthiness. Often derived from a credit report.
  3. 3. A nonprofit financial organization in which members can borrow money from a pool at low interest rates.
  4. 4. An individual or company that buys and sells stock shares and other investments for a financial market participant in exchange for some method of being paid back.
  5. 6. A sort of ‘pit’ of money that you have set aside from your normal finances in the event of an emergency.
  6. 7. The monetary charge for borrowing money (the principal).
  7. 9. A measure of how reliable someone is in terms of giving them financial credit.
  8. 11. A certificate given to someone depositing money that dictates the amount of time that someone must wait before withdrawing their deposit without penalty.
  9. 12. To fail to make a payment in time.
  10. 13. A process in which a debtor can seek relief from their debts, which in this process would be considered unable to be payed back.
  11. 15. In an extremely broad sense, money that is earned.
  12. 16. The trust which allows a party to offer goods and services to a second party in the context that they will pay it back at a later date.
  13. 18. The comparing of suppliers in order to determine the best current price for a service or product.
  14. 19. A resource controlled by a business or economic entity.
  15. 24. An agreement between two parties in which one party borrows money and agrees to pay it back to the other, typically with interest.