Across
- 4. a contractual agreement in which a borrower receives a sum of money or something else of value and commits to repaying the lender at a later date
- 5. failure to fulfill an obligation, especially to repay a loan or appear in a court of law:
- 7. a measure of creditworthiness
- 9. an estimate of income and expenditure for a set period of time
- 13. the initial size of a loan or a bond
- 15. money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt
- 16. compare the price of products or services from different vendors before
- 19. something, typically money, that is owed or due
- 20. a broker who buys and sells securities on a stock exchange on behalf of clients.
- 22. summary of your credit history
- 23. money stashed away that people can use in times of financial distress
- 24. the extent to which a person or company is considered suitable to receive financial credit
Down
- 1. the interest rate paid each year on an outstanding loan amount
- 2. the process of a business enlarging or varying its range of products or field of operation
- 3. the concept that a sum of money is worth more now than the same sum will be at a future date due to its earnings potential in the interim
- 6. what is necessary against what isn’t necessary
- 8. a practice or arrangement by which a company or government agency provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium
- 9. the state of being completely lacking in a particular quality or value
- 10. a card issued by a bank allowing the holder to transfer money electronically to another bank account when making a purchase.
- 11. a certificate issued by a bank to a person depositing money for a specified length of time.
- 12. a thing that is borrowed, especially a sum of money that is expected to be paid back with interest
- 14. anything of value or a resource of value that can be converted into cash
- 17. is a personal finance strategy of increased and consistent savings and investment while also promoting frugality.
- 18. money received, especially on a regular basis, for work or through investments:
- 21. type of financial cooperative that provides traditional banking services
