Across
- 2. Arrangement in which a company provides a guarantee of compensation for specified loss
- 6. You lend money to the issuer, and it promises pay back you with interests payments.
- 7. Cost that you are responsible to pay. It is splitting or spreading among multiples parties
- 9. Mortgage loans are used to buy a home or to borrow money against the value of a home you already own
- 11. An overdraft occurs when you don’t have enough money in your account to cover a transaction, but the bank pays it.
- 13. Is the total cost of certain borrow expressed as a percentage.
- 15. Scheme to take your money making a false promise of saving you from foreclosure
- 16. Someone who organizes, manages, and assumes the risks of a business or enterprise
Down
- 1. A grant is a sum of money given by the government to support a specific person.
- 3. When you earn interest on both the money you save and the interest you earn.
- 4. Something that is a disadvantage, money owed, or a debt or obligation according to law
- 5. The number of days you have to pay your bill in full before finance charges start
- 8. The unauthorized movement of sensitive information to a party.
- 10. Is used to determine how much a student is eligible to receive and financial aid
- 12. Related to the total amount of money you earn before taxes are taken out
- 14. A single period project or task for which a worker is hired to work on demand