Accounting

1. A contract that lets you use someone else's property for a specified rate and length of time.
5. The total amount of unpaid money on a loan excluding any interest charges or the initial amount borrowed on a loan.
6. Illegally using someone else's identity for personal or financial gain.
9. The amount that you own in assets minus the amount you owe in liabilities.
11. A document that comes with your paycheck, showing how much you were paid and how much was withheld for taxes.
13. The percentage of interest that's accrued yearly.
14. Car insurance that protects against damage that isn't caused by a collision.
15. A request submitted to your insurance provider to help pay for covered expenses.
16. A document detailing the type and amount of coverage your insurance offers.
17. A service that provides financial protection against the unpredictable; like car accidents or broken arms.
18. The amount you'll need to pay before insurance kicks in and covers the rest of your costs. For renters and auto insurance, the deductible is per claim.
20. A check into your credit history, typically in advance of applying for a loan. Hard inquiries can negatively affect your credit for 12 months and remain on your credit history for two years.

2. Paying a loan off in installments, rather than one lump sum.
3. A policy offered by a private third party that protects your lender against mortgage default. It's usually required unless the purchaser pays a down payment of at least 20%.
4. An add-on insurance option that protects against medical costs and lost wages in the case of a car accident.
7. A deduction that legally allows you to lower the amount of taxable income you made in a year.
8. A budgeting method where you record your earnings twice: once in your account and once in your budget.
10. Life insurance with a finite coverage period; usually 5, 10, 20, or even 30 years.
12. Contributions to state and federal governments to pay for things like public services and infrastructure.
19. Anything that you spend money on, whether it's a necessity or a luxury.