Personal Financial Literacy crossword
Across
- 2. a big holding centre for money
- 7. a financial asset or resource that can grow and generate income, profit
- 9. money a lender provides that you are obligated to pay back
- 14. The rate of return received for one whole year
- 15. the rise in prices that happens over time.
- 16. summarizes your credit activity and history to help lenders determine whether to extend credit to you
- 20. the cost of borrowing on a yearly basis, expressed as a percentage
- 21. money that you set aside for unplanned or unexpected expenses.
- 23. This is the fee that financial institutions charge to lend you money
- 24. items that can be converted into value or money
Down
- 1. agency protects the purchaser from unexpected financial losses.
- 3. unable to pay your debts
- 4. a transaction that goes out of your account
- 5. automated teller machine
- 6. a numerical calculation that helps lenders determine how likely you are to pay back money you borrow.
- 8. where publicly traded company shares are bought and sold
- 10. a debt or obligation you owe, such as the amount you owe on your mortgage or car loan.
- 11. the amount of money you owe to a lender or person.
- 12. a spending plan that outlines how you allocate your income to pay for expenses and meet your financial goals
- 13. A person or organization that borrows something
- 16. the interest that's earned and calculated on the original amount of your savings plus the interest paid
- 17. The total pay from an employer or other sources
- 18. Someone or something named to receive proceeds or benefits.
- 19. the actual amount of your home that you own
- 22. the difference between your assets and liabilities.