Across
- 2. fractional ownership of equity in an organization
- 4. Ability to pay debts, bills, expenses, ect
- 9. The deposit of funds electronically into a bank account rather than a paper check
- 10. Signature on back of check transfers ownership to the singing party
- 13. A profit from the sale of property or an investment- must pay taxes on earned home
- 15. A government bond issued by the US treasury
- 16. Electronic funds transfer
- 17. removing money from an account
- 19. Money in account that you can spend
Down
- 1. Loan for property of dwelling -Longer period of time- 30 years
- 3. Item of value to secure borrowed money in event of default
- 5. Individual payments made from the lump sum of money
- 6. Federal deposit insurance corporation insures up to 250,000
- 7. Loan to cover business expenses and operation
- 8. A written, dated, and signed draft that directs a bank to pay a specific sum of money to a bearer
- 9. Money paid to shareholders/members out of corporate/ credit union earning
- 11. Point of sale
- 12. A type of loan that allows you to borrow money from a lender and use that money to purchase a car - car is collateral
- 14. Automated teller machine
- 18. Annual percentage yield
