Personal Finance
Across
- 1. amount paid on insurance policy per period
- 5. insurance protects belongings from everything
- 9. insurance used when a person can't work
- 12. tax smaller amount of money taken out check
- 13. recipient of funds
- 15. periodic payment for use of borrowed funds
- 16. interest interest on original loan
- 17. business that receives deposits and make loans
- 18. funds securities chosen and managed by managers
- 19. insurance used when a person is sick
Down
- 2. risk transfer to a third party
- 3. int. int. paid on original loan and int. earned
- 4. tax bigger pay check means more money taken
- 6. investments that represent ownership in business
- 7. tax all social classes pay same percentage
- 8. amount of money borrowed or owed from loan
- 9. payment before company begins coverage
- 10. investment that represent loan to gov't or corp.
- 11. insurance benefits survivors or deceased
- 14. decision occurs when benefits outweigh costs