Across
- 3. — long-term U.S. government debt (20–30 years)
- 4. — spreading investments to reduce risk
- 5. — state or local government bonds often tax-exempt
- 6. — market where new securities are issued
- 9. — not subject to taxation
- 11. — U.S. savings bonds that double in value over time
- 14. — portion of income not spent on consumption
- 16. — date when principal is repaid on debt
- 18. — institutions that connect savers and borrowers
- 19. — fixed annual interest rate on a bond
- 21. — market for long-term securities like stocks and bonds
- 22. — extra payment above base price for risk or value
- 25. — bank deposit locked for a fixed term earning higher interest
- 26. — ownership shares in a company (stocks)
- 27. — bond income divided by market price
- 29. — high-risk bonds with high returns
- 30. — network of markets and institutions moving funds between savers and borrowers
- 31. — low-risk U.S. government retail bonds
Down
- 1. — tax-advantaged retirement savings account
- 2. — market for short-term, highly liquid instruments
- 7. — debt security paying interest until maturity
- 8. — pooled investment fund for retirement benefits
- 9. — U.S. government debt with 2–10 year maturity
- 10. — person or entity receiving financial assets
- 12. — market where existing securities are traded
- 13. — face value of a bond or stock
- 15. — uncertainty of financial outcomes or loss
- 17. — short-term U.S. government debt
- 18. — intangible assets representing claims on future cash or value
- 20. — member-owned nonprofit financial institution
- 23. — retirement income from employer contributions
- 24. — non-bank lender offering loans at higher interest rates
- 28. — total payment for labor