Personal Finance
Across
- 1. used when a person is not capable of working
- 4. interest on the original
- 6. amount paid on insurance policy per a given time period
- 10. paid on both the original loan and interest earned
- 11. used when a person is sick
- 13. your payment before an insurance company begins coverage
- 15. more money is taken out based on a larger pay check
- 17. occurs when benefits outweigh the cost
- 18. insurance that protects b belongings from theft and destruction
- 20. a collections of securities chosen and managed by a group of professional fund managers
Down
- 2. investment that represents a loan gov't or corporation
- 3. A periodic payment for the use of borrowed funds
- 5. the mount of money borrowed, or the amount of money still owed on a loan
- 7. smaller amount of money take out of pay check
- 8. risk transfer to a third party
- 9. insurance benefits survivors or deceased
- 12. the recipient of funds or other benefits from insurance policies
- 14. A business whose main purpose is to receive deposits and make loans
- 16. all social classes pay the same percentage
- 19. investments that represent ownership in a business