Personal Financial Literacy
Across
- 2. something people buy to protect themselves from losing money
- 4. income after taxes
- 6. A financial institution is a company that focuses on dealing with financial transactions, such as investments, loans, and deposits
- 7. money received, especially on a regular basis, for work or through investments
- 12. tax on sales
- 14. once a year tax for property owned
- 15. money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt
Down
- 1. income before taxes
- 3. a nonprofit-making money cooperative whose members can borrow from pooled deposits at low interest rates
- 5. a bank account that earns interest
- 6. an estimate of income and expenditure for a set period of time
- 8. when money is given to another party in exchange for repayment plus interest
- 9. the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future
- 10. a legal proceeding involving a person or business that is unable to repay their outstanding debts
- 11. tax levied by a government directly on income, especially an annual tax on personal income.
- 13. a deficit in a bank account caused by drawing more money than the account holds