Across
- 3. a type of insurance that will help to cover your bills while you are disabled or cannot work
- 6. the 6 month period after you graduate college to find a job and start repaying your student loan
- 9. something that I owe; ex. a loan
- 10. the central bank of the US
- 11. is when an investor has different types of investments; i.e. stocks, bonds, mutual funds, etc.); this reduces the risk of investing
- 14. a professionally managed investment that is made up of a pool of funds collected from many investors and invested across stocks, bonds, money markets, and other securities
- 16. preferred provider organization
- 17. assets-liabilities
- 19. a source of income; typically paid as a salary or hourly
- 20. refers to a financial market that experiences an extended period of growth above historical averages
- 21. the monthly payment you make to ensure your insurance policy is active
- 22. the degree of ease with which an asset can be sold
- 24. health maintenance organization
- 30. interest added to the principal, interest earned on interest
- 32. short-term loans sold to operate the US government; amounts range from $1,000 to $5 million per investor; also called T-Bills
- 33. an insurance policy that will pay a lump sum benefit to a beneficiary in the event of your death during the term of the policy
Down
- 1. to view the activity of your checking account and compare your register with your bank records to be sure your records match your bank's records
- 2. a place where you can go to give an item (like a laptop) as collateral to borrow money, you then buy the item back plus interest
- 4. the general rise in price levels
- 5. a report that details your creditworthiness based on your payment history, open credit, assets, and liabilities
- 7. something that I own; ex. a house
- 8. a retirement account that is sponsored by an employer
- 12. the calculation you use to see how many years it will take to double your investment
- 13. the next best alternative when you make a decision
- 15. the money that you have left over when all of your bills and savings payments have been made
- 18. a member owned co-operative financial institution; usually has lower interest rates on loans
- 21. a loan that is made to customers who have poor credit (they have low credit scores) and making those customers pay extremely high-interest rates to borrow money
- 23. the earnings that are given to the people who are shareholders of a company's stock
- 25. a payment order for a pre-specified amount of money, it is purchased at different types or stores or the at the post office, it is used like a check
- 26. a contract between a person and an insurance company to help mitigate risk should an accident occur
- 27. the acronym for the Federal Deposit Insurance Company
- 28. the amount that the insured agrees to pay before the insurance company will pay anything towards a claim
- 29. a catch-all term for stocks, bonds, mutual funds, exchange-traded funds or other types of investments you can buy or sell
- 31. an allowance that is used to reduce the amount of taxable income