Unit 4 key terms

123456789
Across
  1. 4. Car insurance is a contract where you pay a regular fee to an insurance company for protection against financial losses from accidents, theft, or other damage to your vehicle.
  2. 7. the costs an individual or household incurs for daily living, which are not directly tied to a business or investment.
  3. 8. Health insurance is a type of insurance coverage that helps pay for medical expenses, such as doctor visits, hospital stays, and prescription drugs
  4. 9. statement for essential services like electricity, water, gas, and sewage that are necessary for a home or business to function
Down
  1. 1. This bill is generated on a fixed date each month, known as the billing date and it comprises details of all your transactions, and a due date
  2. 2. The amount of money you actually receive after all deductions, such as taxes and insurance, are taken from your gross pay
  3. 3. Needs are things essential for survival and basic functioning, such as food, water, and shelter. Wants are things that are not necessary for survival but improve quality of life, like entertainment, luxury items, and new gadgets
  4. 5. money received, especially on a regular basis, for work or through investments
  5. 6. the cost required for something; the money spent on something.