personal finance
Across
- 5. the profit made when you sell a stock that has increased in price
- 7. type of insurance that pays for damage to your car when you wreck it
- 8. annual percentage rate
- 10. Mr. Coleman has one of these on his face that he sometimes trims
- 12. type of business owned and run by multiple people, for example, a law firm
- 13. type of corporation that does not issue stocks
- 14. the overall evaluation made by a financial institution regarding the risk in lending you money. This covers your credit score, income, savings, etc.
- 18. type of account at a financial institution that pays low interest. The FDIC protects up to 250k
- 19. businesses that offer small, short term loans that typically have higher fees and interest
- 20. nonprofit bank owned by its members
Down
- 1. a loan for real estate, usually a house
- 2. type of business owned and run by a single owner. Has high risk
- 3. some asset that has value that is often used to secure a loan
- 4. the price paid for the use of borrowed money
- 6. the amount of money borrowed
- 7. type of business that is its own separate legal entity and often issues stocks
- 9. type of car insurance that pays for damages caused by non-driving related events, such as vandalism or hail
- 11. a special bank focused on savings accounts and mortgages
- 15. an open-ended, revolving credit account with higher interest rates
- 16. payment to stockholders based on corporate earnings
- 17. type of car insurance required by law - pays for damages to other cars when you are at fault
- 18. issued by corporations and represent partial ownership in that corporation