Quizlet Personal Finance

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Across
  1. 6. Payment- A sum of money put towards the purchase of something.
  2. 7. Pay- Gross pay minus deductions and taxes.
  3. 8. property to secure a loan with a bank.
  4. 10. keeping your money to spend in the future.
  5. 11. owed for loans for homes and real estate.
  6. 15. Money received for labor or services.
  7. 17. 16 years and older who have jobs.
  8. 18. Pay- amount people earn per pay period before deductions.
  9. 19. earnings- After tax money
  10. 20. Fee- the penalty associated with an overdraft.
  11. 21. sum of money provided temporarily on the condition that the amount will be repaid.
  12. 26. to make payments for a credit agreement.
  13. 27. Wage- lowest wage that employers may legally pay for an hour of labor.
  14. 28. Interest- Your investment earning money by accruing money.
Down
  1. 1. Condition where people are without jobs and actively seeking work.
  2. 2. A share of ownership in a company.
  3. 3. A promise between two parties that is enforceable by law.
  4. 4. granting of money or something else of value in exchange for a promise of future payment.
  5. 5. Card- Cards that represent an agreement between a lender and the cardholder.
  6. 9. Annual percentage rate
  7. 12. who owns the home you are renting from.
  8. 13. Income- The amount of your paycheck that is available to spend or save.
  9. 14. Tax- taxes on income, earned and unearned.
  10. 16. economic value of something you own
  11. 22. original amount of money deposited or invested, excluding any interest or dividends.
  12. 23. Account- An account held at a bank or CU that you can draw funds out of by either withdrawal or check.
  13. 24. Score- A number based on information in a credit report.
  14. 25. Deposit- A transaction where money is deposited directly into your bank.