Finc serv vocab
Across
- 2. the state of being completely lacking in a particular quality or value
- 4. a legal agreement by which a bank or other creditor lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt
- 5. something, typically money, that is owed or due
- 7. a document that orders a bank to pay a specific amount of money from a person's account to the person
- 9. property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies
- 10. a general increase in prices and fall in the purchasing value of money
- 13. money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt
- 14. a compulsory financial charge or some other type of levy imposed on a taxpayer by a governmental organization in order to fund government
- 15. a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so
- 16. a word, idea, or method taken from another source and used in one's own language or work
- 18. an economy of or reduction in money, time, or another resource
- 19. a means of protection from financial loss in which, in exchange for a fee
- 20. the cost required for something; the money spent on something
- 21. an estimate of income and expenditure for a set period of time
Down
- 1. the loss of potential gain from other alternatives when one alternative is chosen
- 3. the fraudulent acquisition and use of a person's private identifying information, usually for financial gain
- 6. a thing that is borrowed, especially a sum of money that is expected to be paid back with interest
- 7. the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future
- 8. a person or thing intended to deceive others, typically by unjustifiably claiming or being credited with accomplishments or qualities.
- 11. the degree of wealth and material comfort available to a person or community
- 12. the action or fact of leaving one's job and ceasing to work
- 17. expend money with the expectation of achieving a profit or material result by putting it into financial plans, shares, or property
- 19. money received, especially on a regular basis, for work or through investments.