jordan burns 8th Financial literacy
Across
- 4. rating:an estimate, based on previous dealings, of a person's or an organization's ability to fulfill their financial commitments
- 7. the money originally invested or loaned, on which basis interest and returns are calculated
- 10. interest:interest calculated on both the principal and the accrued interest
- 11. Is money spent, or an amount of money spent, as a whole or on a particular thing.
- 12. rate of return received for one whole year, including the compound interest.
- 13. fixed charge for borrowing money; usually a percentage of the amount borrowed
- 16. Opportunity: An opportunity to make money
Down
- 1. the total amount of money made
- 2. Worth:The difference between your total assets and total liabilities
- 3. the Federal Deposit Insurance Corporation
- 5. interest:interest paid on the principal alone
- 6. Is legally declared inability or impairment of ability of an individual or organizations to pay their creditors.
- 8. Is a loan agreement that is secured by property; when person borrows money from bank, they give bank right to take property away if loan is not repaid.
- 9. money that is invested with an expectation of profit
- 14. Percentage Rate.
- 15. Statement:a financial document that shows how much money (revenues) came in and how much money (expenses) was paid out