Personal Finance
Across
- 4. a periodic payment for the use of borrowed funds
- 7. risk transfer to a third party
- 9. interest paid on both the original loan and interest earned
- 10. investments that represents ownership in business (risky)
- 11. your payment before an insurance company begins coverage
Down
- 1. used when a person is sick
- 2. interest on the original loan
- 3. investment that represents a loan to government or corporation (low risk)
- 5. the recipient of funds or other benefits from insurance policies
- 6. a collection of securities chosen and managed by a group of professional fund managers
- 8. all social classes pay the same percentage
- 12. a business whose main purpose is to recieve deposits and make loans