Unit III vocab
Across
- 1. an investment company that sells stock in itself and uses the proceeds to buy stocks and bonds issued by other
- 3. amount of initial deposit on which interest is earned.
- 7. a negative balance
- 8. the preset time which you may withdraw funds from a CD.
- 9. payment for a wrong or a loss.
- 11. amount of money left over after subtracting expenses from income;money still owed on a credit card or bank loan.
- 13. the annual cost of credit expressed as a percentage of the amount borrowed
- 14. money lent at interest
- 15. an item that does not have a brand name but is basically similar to a more expensive, well-known product.
- 16. an unplanned often emotional decision to buy.
- 17. money spent on goods and services
- 20. income left after all taxes on it have been paid
- 22. a portion of company earnings paid to shareholders
- 23. a plan for making and spending money
- 24. permission to pay later for goods or services obtained today
Down
- 2. income left after taxes on it have been paid and that you can choose to spend
- 4. the process by comparing competing products and prices in order to find the best value.
- 5. a fee for early withdrawal of funds
- 6. the payment that people or institutions receive when they lend money or allow others to use their money
- 10. the promise made by a manufacturer of a seller to repair or replace a product within a certain time period if it's faulty.
- 11. the recipient of a loan
- 12. a movement to educate buyers about the purchases they make and to demand better and safer products from manufacturers.
- 18. shares of a company held by an investor
- 19. the profit earned by an investor
- 21. an interest-nearing certificate of agreement between a borrower and a lender