personal finance

1. legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts
3. occuring twice every month
6. balance that remains after subtracting liabilities from all assets
8. type of investment issued by governments and corporations
9. the amount of expenses the insured must pay before the insurance company will contribute toward the covered item
10. what you spend money on
11. the value of personal items that one owns, including savings, investments, and property, one of three factors used in credit scoring
12. money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt
15. a thing that is borrowed, especially a sum of money that is expected to be paid back with interest
16. the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future
17. something that an employer, the government, or an insurance company provides that’s often used only for a particular purpose, such as food or medical costs

2. an amount of money someone earns for selling something
3. a for-profit company that is owned by its stockholders and provides saving and checking accounts and other financial services to its customers
4. a person who buys or receives goods or services for personal needs or use and not for resale
5. type of financial resource that has monetary or investment value
7. an estimate of income and expenditure for a set period of time
8. a person who derives advantage from something, especially a trust, will, or life insurance policy
12. total pay from an employer or other sources of income before taxes or deductions are taken out
13. type of investment that gives you partial ownership in a company
14. monetary obligation that a borrower owes to a lender