M&L_DRAFT_1

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Across
  1. 4. Entry on the left side of an account
  2. 5. The date on which a debt becomes due or the termination date on which an installment loan must be repaid in full
  3. 6. Business contract in which a borrower agrees to pay interest for the use of the lenders funds
  4. 8. Money paid by the borrower for the use of the lender's funds
  5. 10. It is a kind of security which one offers for taking an advance or loan from someone
  6. 11. Code help uniquely identifies a specific securities issue
  7. 12. A financial institution that holds customers' securities for safekeeping
  8. 14. The difference between prices at which a market maker can buy and sell a security
  9. 15. A slang term used by mortgage-backed securities (MBS) traders and investors to refer to an MBS that is seasoned over some time period
Down
  1. 1. It is an independent, unaffiliated research company that rates fixed income securities
  2. 2. A person licensed to sell or lease real property, acting as an agent for others
  3. 3. Federal National Mortgage Association
  4. 7. When a customer refuses to pay the rest of amount due on a loan
  5. 9. Arrangement of characters representing a particular security listed on an exchange
  6. 13. Distribution of a portion of a company's earnings