Financial Literacy Puzzle
Across
- 3. the total wealth of an individual, company, or household, taking account of all financial assets and liabilities.
- 5. budget refers to one in which revenues or income are equal to expenses.
- 9. is a contract (usually called a policy) in which an individual or organization receives financial protection or a guarantee of reimbursement or compensation against losses
- 11. is a company's financial debt or obligations that arise during the course of doing business.
- 12. is the charge for the privilege of borrowing money, typically expressed as an annual percentage rate
- 14. the action or process of investing money for profit or material result
- 15. stands for annual percentage rate
- 16. is the worth in money, the personal worth perceived by an individual or estimated worth of an asset, good or service.
- 17. is a type of security that signifies ownership in a corporation and represents a claim on part of the corporation's assets and earnings
Down
- 1. is an amount of money borrowed by one party from another
- 2. is a legal document containing instructions on what should be done with a person's money and property after he or she dies
- 4. is a person's ownership in any asset after all debts (liabilities) associated with that asset are paid
- 6. is a contractual agreement in which a borrower receives money usually with interest.
- 7. is a financial gain that is a result of the difference between the amount earned (revenue) and the amount spent in buying, operating or producing something
- 8. refers to the flow of cash or any compensation received from work
- 10. plan is a comprehensive and thorough evaluation of an investor's current and future financial picture by predicting future cash flows, assets and withdrawal plans
- 12. allows people to put part of their income or paycheck into investments before it is taxed
- 13. is money levied (collected) by a government from their citizens and businesses to fund public works, services and programs (like Social Security.)
- 15. is a valuable thing, person, quality or resource
- 18. the money one has saved, especially through a bank or investment plan.