Assignment On Personal Financial Planning Of Puzzle

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Across
  1. 2. instruments such as shares, debentures and other securities.
  2. 3. fund is a trust that pools the savings of a number of investors
  3. 6. is something a person or company owes, usually a sum of money. Liabilities are settled over time through the transfer of economic benefits including money, goods, or services.
  4. 7. control works by either loss prevention, which involves reducing the probability of risk,
  5. 9. other purposes.
  6. 11. of a possible large loss. By using the law of large numbers, an insurance company can
  7. 13. to transfer pure risks by paying a premium to an insurance company in exchange for a
  8. 15. Planning: Planning for the creation, accumulation, conservation and distribution
  9. 18. financial planning is the process of determining how a business manages itself financially to ensure it achieves its goals and objectives for both the short-term and long-term.
  10. 19. the best possible education, a blissful retirement, etc. Basically, these dreams are life
  11. 20. share a common financial goal. The money, thus, collected is then invested in capital
  12. 21. bette
  13. 24. usage, risk is often used synonymously with the probability of a known loss.
  14. 25. people nurture dreams of owning a bigger house or car, exploring the world, giving their
Down
  1. 1. fairly reliably the amount of loss for a given number of customers within a specific
  2. 3. arise from a future event. Exposure to the consequences of uncertainty constitutes a risk. In
  3. 4. is a concept that denotes a potential negative impact to some characteristic of value that
  4. 5. is another major method that most people, businesses, and other organizations can
  5. 6. Goals
  6. 8. assets.
  7. 10. at the end of the tenure. This allows customers the borrower to manage cash
  8. 12. represents the value that would be returned to a company's shareholders if all of the assets were liquidated and all of the company's debts were paid off.
  9. 14. planning involves determining retirement income goals and what's needed to achieve those goals. Retirement planning includes identifying income sources, sizing up expenses, implementing a savings program, and managing assets and risk.
  10. 16. to be paid during the tenure of the loan and the principal amount has to be
  11. 17. flow management In a typical loan against gold transaction, only interest
  12. 22. loss reduction, which minimizes the loss.
  13. 23. Planning For the reduction of tax liabilities and the freeing-up of cash flows