Personal Finance Vocabulary
Across
- 2. recipient of the funds from insurance policies
- 5. amount of money borrowed
- 8. used when a person is sick
- 10. used when a person is not capable of working
- 15. payment before an insurance company begins
- 16. risk transfer to a third party
- 17. interest on the original loan
- 18. business that receives deposits and makes loans
- 19. interest on both original loan and interest earned
Down
- 1. all social classes pay the same percentage
- 2. investment that shows a loan to government
- 3. more money is taken out based on larger pay check
- 4. insurance that protects your belongings from theft and destruction
- 6. payment for borrowed funds
- 7. amount paid on an insurance policy per a given time period
- 9. benefit outweighs costs
- 11. benefits survivors or deceased
- 12. risky investment that show ownership in business
- 13. collection of securities by group of professional fund managers
- 14. smaller amount of money taken out of pay check