Personal Finance Review
Across
- 2. Any education that takes place after high school.
- 8. A promise by a vendor or manufacturer to repair or replace a faulty product.
- 12. Money that is borrowed and creates a debt.
- 14. The percentage of the principal charged as interest by the lender.
- 17. Something owned by the borrower that is forfeited to the lender if they fail to repay the loan.
- 18. A summary of your skills and experience, usually used when searching for employment.
- 20. A written plan for spending and saving money.
- 22. The additional cost a lender charges for borrowing their money.
- 23. Anything of value that an individual owns.
Down
- 1. The act of fraudulently gaining someone else's personal information, usually for financial gain.
- 3. A number used to determine how likely a borrower is to pay back a debt.
- 4. An agreement in which one party borrows money from another and is expected to pay it back, along with a convenience fee.
- 5. The difference between the price originally paid for an appreciating asset and its current value.
- 6. The responsibility to pay for something.
- 7. The process of communicating the value of a good or service to customers.
- 9. The Free Application for Federal Student Aid.
- 10. Financial aid that is awarded based on achievement.
- 11. A person who uses a product or service.
- 13. Financial aid that is usually based on financial need.
- 15. The original amount of money that is borrowed with a loan and must be paid back in full.
- 16. Money that is owed to another person or company.
- 19. Any money that an individual receives, whether as a gift or as payment.
- 21. A savings account used to cover unexpected emergency costs.