Unit 1 Review

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Across
  1. 2. Just signing your name on a check.
  2. 4. Money taken out of your paycheck for taxes or benefits.
  3. 7. Tax on profits from selling investments.
  4. 9. A member-owned financial institution. Non-Profit
  5. 10. A document that shows your earnings and deductions.
  6. 12. Tax on items like tobacco or alcohol.
  7. 13. When you spend more money than you have in your account.
  8. 14. Tax added to the price of goods and services.
  9. 16. A for-profit financial institution that holds money and offers services.
  10. 19. Signing a check with “For Deposit Only.”
  11. 20. Tax that businesses pay on their profits.
  12. 21. Adding money to your bank account.
  13. 22. A bank account used for everyday spending.
  14. 23. Tax on property or money passed down after someone dies.
  15. 24. Your total pay before any deductions.
  16. 25. Taking money out of your bank account.
Down
  1. 1. Another term for a blank endorsement.
  2. 3. How easily an asset can be turned into cash.
  3. 5. Signing a check to give it to another person.
  4. 6. Tax you pay based on how much money you earn.
  5. 7. Interest calculated on both principal and previous interest.
  6. 8. Tax taken out of your paycheck for Social Security and Medicare.
  7. 11. Interest calculated only on the original amount.
  8. 15. Abbreviation for "Year to Date."
  9. 17. Tax on land or buildings you own.
  10. 18. The amount of money you take home after deductions.
  11. 25. The form you fill out to tell your employer how much tax to withhold.
  12. 26. The form you get from your employer that shows your yearly wages and taxes.