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