Personal finance Vocab Words
Across
- 2. the recipient of funds or other benefits from insurance policies
- 5. investments that represent ownership in business (risky)
- 6. all social classes pay the same percentage
- 9. more money is taken out based on a larger pay check (federal tax)
- 10. investment that represents a loan to gov't or corporation (low risk)
- 11. A business whose main purpose is to receive deposits and make loans
- 12. amount paid on an insurance policy per a given time period
Down
- 1. your payment before an insurance company begins coverage
- 3. risk transfer to a third party
- 4. a collections of securities chosen and managed by a group of professional fund managers
- 7. benefits survivors or the deceased
- 8. the amount of money borrowed, or the amount of money still owed on a loan