Across
- 5. The ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.
- 6. A certificate issued by a bank to a person depositing money for a specified length of time.
- 8. An estimate of income and expenditure for a set period of time.
- 10. A numerical rating representing the perceived ability of a person or organization to fulfill their financial commitments, based on an analysis of their credit history and current financial circumstances.
- 12. The money that you originally agreed to pay back
- 15. Money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt.
- 16. The practice of comparing the price of products or services from different vendors before buying.
- 18. A way to manage your risk
- 20. Something, typically money, that is owed or due.
- 22. The extent to which a person or company is considered suitable to receive financial credit, often based on their reliability in paying money back in the past.
- 24. set aside money for savings before paying bills and making other purchases.
Down
- 1. The process of a business enlarging or varying its range of products or field of operation.
- 2. A nonprofit-making money cooperative whose members can borrow from pooled deposits at low interest rates.
- 3. The cost you pay each year to borrow money, including fees, expressed as a percentage.
- 4. A sum of money in the hand has greater value than the same sum to be paid in the future.
- 7. A statement that has information about your credit activity and current credit situation such as loan paying history and the status of your credit accounts.
- 8. The state of being completely lacking in a particular quality or value.
- 9. A card issued by a bank allowing the holder to transfer money electronically to another bank account when making a purchase.
- 11. A cash reserve that's specifically set aside for unplanned expenses or financial emergencies.
- 13. Property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.
- 14. A form of debt incurred by an individual or other entity.
- 17. Money received, especially on a regular basis, for work or through investments.
- 19. A need is something that is necessary to live and function. A want is something that can improve your quality of life. Using these criteria, a need includes food, clothing, shelter and medical care, while wants include everything else.
- 21. Tailure to fulfill an obligation, especially to repay a loan or appear in a court of law.
- 23. A form of debt incurred by an individual or other entity.