Financial Terms: Money I

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Across
  1. 2. This reduces the amount of money that's withheld from your paycheck (ex. Personal exemptions, child tax credits, or daycare expenses)
  2. 4. Exchange (goods or services) for other goods or services without using money.
  3. 5. The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.
  4. 7. An extra benefit supplementing an employee's salary, for example, a company car, subsidized meals, health insurance, etc.
  5. 9. A thin rectangular piece of plastic or metal issued by a bank or financial services company that allows cardholders to borrow funds to pay for goods and services
  6. 11. Money received, especially on a regular basis, for work or through investments.
  7. 13. The U.S. federal agency that oversees the collection of taxes—primarily income taxes—and the enforcement of tax laws (Internal Revenue Service)
  8. 15. A document that orders a bank to pay a specific amount of money from a person's account to the person to whom it has been issued
  9. 18. The money, property, or assets that someone receives from a person who has died
  10. 19. A tax that you pay to the national government, rather than to a state government
  11. 20. A person who relies on another as a primary source of income
  12. 21. A general increase in prices and fall in the purchasing value of money.
  13. 22. A legal procedure in which a person's earnings are required by court order to be withheld by an employer for the payment of a debt
  14. 23. A dollar amount that can be deducted from an individual's total income, thereby reducing the taxable income
  15. 24. Money obtained in return for labor or services.
Down
  1. 1. Transactions initiated through a financial institution which include ATM transactions, direct deposits, withdrawals or point-of-sale transactions.
  2. 3. An electronic payment card that stores cash for various types of payments (i.e. debit card)
  3. 6. A society in which purchases of goods or services are made by credit card or electronic funds transferral rather than with cash or checks.
  4. 8. Any forms of perks or compensation that are provided to employees in addition to their base salaries and wages
  5. 10. An amount that you can deduct from your taxable income to lower the amount of taxes that you owe (i.e. mortgage interest, retirement plan contributions, student loan interest)
  6. 12. The full amount an employee earns before taxes and other deductions are withheld from the paycheck
  7. 14. The four stages of an individual’s financial ________: accumulation of wealth, growing or managing wealth, preserving and protecting wealth, and transferring wealth
  8. 16. A card or token that can be exchanged for a specified cash value of goods or services from a particular business, given as a gift
  9. 17. A card issued by a bank allowing the holder to transfer money electronically to another bank account when making a purchase.