Unit 1 Vocab

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Across
  1. 3. rate charged by a lender on borrowed money
  2. 4. interest where the rate is unchangeable
  3. 5. tax on the money you earn
  4. 7. tax on the lower class
  5. 8. collection of money taken from people to be invested in stocks, bonds, and assets
  6. 10. interest charged on interest
  7. 11. tax on the higher class
  8. 14. sum of money a person or company owes
  9. 15. fee to protect from financial loss
  10. 17. tax on specific goods or services
  11. 19. money that you owe
  12. 20. money earned from taking a risk
Down
  1. 1. cost of borrowing money
  2. 2. savings investment for a set amount of time
  3. 6. tax on goods that are purchased
  4. 9. something you put money in to try and get a return
  5. 12. an account to put money that you want to save into
  6. 13. chance taken to get a return
  7. 16. financial institution owned by its members
  8. 18. ability to borrow money