Financial Literacy
Across
- 3. A tax on a person’s individual income.
- 6. Costs.
- 9. Income minus expenses, interest, and taxes.
- 12. Gross pay.
- 15. The amount that one borrows.
- 17. The proportion of income of a person that is not spent on current consumption
- 21. An account at a bank in which a customer deposits money for immediate use.
- 22. Refrain to give money.
- 24. Any money owed to an individual, company, or other organization.
- 25. Cost that fluctuates directly with output changes.
- 26. The cost or price of an item of supply based on the unit of issue.
- 27. Interest paid only on the original principal.
- 28. Currency and coin that are guaranteed as legal tender by the government.
Down
- 1. A loan used to buy real estate.
- 2. A percentage tax on the selling price of goods and services.
- 4. The interest on a loan or other fixed-income instrument where interest previously paid is included in the calculation of future interest.
- 5. Subtractions.
- 7. An individual or company’s assets minus liabilities.
- 8. The average cost of the basic necessities of life.
- 10. Regular wages and benefits an employee receives from an employer.
- 11. The amount of money received in exchange for labor or services.
- 13. The total sum of money allowed for a particular purpose.
- 14. In accounting, anything of value that a person or firm buys.
- 16. Any card that may be used repeatedly to borrow money or buy goods and services on credit.
- 18. An amount of money held at a financial institution on behalf of an account holder for safekeeping.
- 19. Expenses that continue at relatively stable levels.
- 20. Gross income less a variety of deductions.
- 23. The state of being liable.