Unit 11 financial Literacy

1234567891011121314151617181920212223242526272829303132333435
Across
  1. 5. -a sum of money placed or kept in a bank account, usually to gain interest.
  2. 7. interest - interest that applies not only to the initial principal of an investment or a loan.
  3. 8. expenses -Expenses that occur regularly and stay the same.
  4. 9. -something, typically money, that is owed or due.
  5. 11. pay -take-home pay or the amount employees earn after all payroll deductions are subtracted from their gross pay.
  6. 12. -an estimate of income and expenditure for a set period of time.
  7. 14. worth -the total wealth of an individual, company, or household, taking account of all financial assets and liabilities.
  8. 16. -Money that is paid to a person for goods, services, or investments.
  9. 17. -money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt.
  10. 19. -money obtained in return for labor or services.
  11. 22. items a person owns with monetary value.
  12. 23. -a fixed regular payment, typically paid on a monthly or biweekly basis but often expressed as an annual sum, made by an employer to an employee, especially a professional or white-collar worker.
  13. 26. -(of money) denoting an original sum invested or lent.
  14. 27. -A plan to help reach your financial goals.
  15. 28. worth statement - net worth statement is a financial tool that shows your financial position at a given point in time.
  16. 29. tax -tax levied by a government directly on income, especially an annual tax on personal income.
  17. 34. -a fixed regular payment, typically paid on a daily or weekly basis, made by an employer to an employee, especially to a manual or unskilled worker.
  18. 35. pay -what employees earn before taxes, benefits and other payroll deductions are withheld from their wages.
Down
  1. 1. -a voucher entitles the holder to a discount for a particular product.
  2. 2. -Money that a person owes.
  3. 3. price -A unit rate used to compare prices.
  4. 4. -an expense that can be subtracted from taxable income to reduce the amount owed.
  5. 6. -the cost required for something; the money spent on something.
  6. 7. Account -an account at a bank against which checks can be drawn by the account depositor.
  7. 10. - partial refund to someone who has paid too much money for tax, rent, or a utility.
  8. 13. card -a small plastic card issued by a bank, business, etc., allowing the holder to purchase goods or services on credit.
  9. 15. -a deduction from the usual cost of something, typically given for prompt or advance payment or to a special category of buyers.
  10. 18. income -any income you earn during the tax year.
  11. 20. interest -the straightforward crediting of cash flows associated with some investment or deposit.
  12. 21. expenses -Expenses that occur regularly but may change because the consumer has some over the amount.
  13. 24. -Money that is not spent by a customer currently, but is reserved for later use.
  14. 25. withholding -Federal withholding is the amount withheld from wages for taxes owed to the federal government.
  15. 27. Needs -the fundamental support and resources people need to survive.
  16. 30. of living -the level of prices relating to a range of everyday items.
  17. 31. -Money that owes your home that you pay monthly.
  18. 32. -a compulsory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions.
  19. 33. wage -the amount an employee is paid per hour they work.