Financial Terms

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Across
  1. 2. the money that clients or customers owe a business for products or services provided to them
  2. 3. a debt or amount of money that an entity owes to another entity
  3. 5. the total value of what an individual or business owns minus the amount owed in debts
  4. 7. also known as a profit and loss statement, is another core financial document for businesses
  5. 13. investments in debt, representing a type of fixed-income securities
  6. 14. the additional money individuals must pay when borrowing money
  7. 15. a financial plan developed by an entity that determines how much money they plan to spend over a particular period
  8. 17. the money that a business owes to other entities for provided goods or services
  9. 18. the costs of operating a business and are related to generating revenue
  10. 20. the increase in value of an asset or investment above its initial purchase price
  11. 23. an item with economic value that an entity owns and appears on businesses' balance sheets
  12. 24. a contractual agreement in which a lender loans money to a borrower, understanding that the borrower intends to repay it later
Down
  1. 1. the third core financial document for businesses. This document reflects the movement of money in and out of a business over a particular period
  2. 2. the total income earned from wages or investments minus IRS-approved income adjustments
  3. 4. the additional money individuals must pay when borrowing money
  4. 6. the process of repaying debt in regular installments over a specified period
  5. 8. a three-digit number that measures an individual's trustworthiness to pay back loans or debts
  6. 9. an organization's decision about the assets in which it plans to invest
  7. 10. a loan used to buy property
  8. 11. the amount of money an entity earns for selling goods and services or from investments
  9. 12. one of the three core financial documents created by businesses. It represents an organization's financial position at a certain point in time by displaying its assets, liabilities and shareholders' equity
  10. 16. an allocation of money with the expectation of a profit or material benefit in return
  11. 19. also called equities, are portions or shares of ownership in a company
  12. 21. a sum of money or an item that one entity lets another entity borrow
  13. 22. fees paid by individuals or entities to governments that fund government spending and public programs