Across
- 2. intermediaries between depositors that lend money to the bank and borrowers to whom the bank lends money
- 5. is an asset acquired or invested in building wealth and saving money from the hard earn income
- 9. the money that you originally agreed to pay back
- 10. debt security similar to an IOU
- 11. and approved plan to spend a certain amount of money in a given fiscal year or project
- 15. when you earn interest on both the money that you have saved and the interest you earn
Down
- 1. debts or obligations of a person or company owns to someone else
- 3. is the amount of money the owner of an asset would be pay after selling it and any debts associated with the asset were paid off
- 4. the amount by which the value of the assets exceeds the liabilities
- 6. is a more flexible form of finance that allows you to access the amount of money loan according to your needs
- 7. is the amount of money you bring home after taxes and deductions that are taken out of your paycheck
- 8. is the process of recording financing transactions pertaining to a business
- 12. A pool of assets that invest in stocks, bonds, and other securities
- 13. is the price you pay to borrow or the cost you charge to lend money
- 14. is a type of security that gives stockholders a share of ownership in a company
