15.2 vocabulary Crossword

Edit Answers
12345678910111213141516171819202122
Across
  1. 2. policy A for-profit business that primarily sells insurance products.
  2. 6. finance company An organization that gives loans out to businesses instead of individuals.
  3. 7. of credit Is a document guaranteeing that a buyer will pay the seller the agreed-upon amount and within the time specified.
  4. 9. bank Is a financial institution that provides services for businesses.
  5. 10. Money that is placed into an account.
  6. 11. Deposit Is a type of EFT transaction in which money is deposited directly into a customers checking account.
  7. 12. of credit Is a prearranged amount of credit that is available for a business to use as needed.
  8. 14. Funds Transfer (EFT) Is the movement of money electronically from one financial institution to another.
  9. 15. ownership An insurance company that's owned by its policyholders and not outside investors.
  10. 17. banks The largest category of deposit institution.
  11. 21. company Is a financial institution that makes money by issuing loans.
  12. 22. and Loan Institution Is a financial institution that offers savings and loan services.
Down
  1. 1. institution Is a financial institution that does not accept deposits.
  2. 3. finance company A finance company that makes loans to people who have trouble getting a bank loan.
  3. 4. Institution Any organization that provides services related to money.
  4. 5. Union A non profit financial institution that is privately owned and provides banking services for its members.
  5. 6. products The variety of services offered to customers by financial institutions.
  6. 8. Is a written order for the bank to pay a specific amount to the person or organization to which the check is written.
  7. 11. Institution A financial institution that accepts money from customers and deposits it into the customers account.
  8. 13. savings bank A financial institution chartered by a central or regional government, without capital stock, owned by its members who subscribe to a common fund.
  9. 16. firm Is a financial institution that is involved in trading securities in financial markets.
  10. 18. account A bank account that allows the account owner to make deposits, write checks, and withdraw money.
  11. 19. Institutions Is a financial institution that specializes in accepting savings deposits and making mortgage and other loans.
  12. 20. account Is a bank account used by depositors to accumulate money for future use.