Income and debt review
Across
- 2. the best option you did not take when making a choice, its what you gave up
- 5. money given to a borrower with the expectation they'll pay the bank back with interest
- 10. when something you have bought is worth more now than when you bought it
- 12. money paid to an investor by the company that the investor bought stock in
- 13. when a creditor takes an asset from a debtor because they did not pay back their loan
- 15. someone who lends money to other people
- 17. money paid to the saver by the bank for the use of their money
- 19. items of value added to your life
- 20. items of value you give up for something else
Down
- 1. amount of money a creditor charges a debtor for the loan
- 3. property pledged to the lender as part of a loan, if the borrower doesn't pay the lender takes this property
- 4. annual rate charged for borrowing, expressed as a single percentage number that represents the actual yearly cost over the term of a loan
- 6. someone who owes money to another person or business
- 7. items you dont need for survival, but they add positive outcomes to your life
- 8. anything a person owes to someone else
- 9. comparing the time/effort/and money you spend on an item with what you get out of it in the short and long term
- 11. a loan that is received to purchase a home
- 14. anything of value a person owns
- 16. items you need for survival
- 18. no one can have all that they want, there are limits to what we can have