personal finance
Across
- 3. Insurance that protects your belongings from theft & destruction
- 5. Investment that represents a loan to gov't/corporation (low risk)
- 6. Benefits survivors/the deceased
- 13. Used when a person is sick
- 16. Collections of securities chosen & managed by a group of professional fund managers
- 18. the recipient of the funds/other benefits from insurance policies
- 19. Occurs when benefits outweigh the cost
- 20. Smaller amount of money taken out of paycheck (sales tax)
Down
- 1. Used when a person is not capable of working
- 2. A periodic payment for the use of borrowed funds
- 4. Interest paid on both the original loan & interest earned
- 7. Risk transfer to a third party
- 8. More money is taken out based on a larger paycheck (federal tax)
- 9. The amount of money borrowed/the amount of money still owed on a loan
- 10. Interest on the original loan
- 11. Amount paid on an insurance policy per a given time period
- 12. Your payment before an insurance company begins coverage
- 14. A business whose main purpose is to receive deposits & make loans
- 15. All social classes pay the same percentage
- 17. Investments that represent ownership in business (risky)