Business Terms2

3. Most popular credit score issued for most loans, especially home and car loans.
6. A fund set up to collect money on a regular basis from employers and employees, which pays the employees pension when they retire from work.
9. A business or individual who sells products or services directly to the customer.
11. Something pledged as a security for a repayment of a loan.
13. When an item loses value over time.
14. The process of taking possession of a mortgaged property as a result of the mortgagor's failure to keep up mortgage payments
16. Taxes are due by the 15th day of this month for most people.
18. A specified amount of money that the insured must pay before an insurance company will pay a claim.
19. Normally referring to the economy of a country, this is the gradual increase in the price of goods and/or services, and the consequential devaluing of the national currency.
20. A legal document that is signed and delivered, especially one regarding the ownership of property.
22. An estimate of income and expenses for a period of time.

1. A legal agreement normally for a home in which a person borrows money to buy property and pays back the money over a period of years.
2. The selling of goods in large quantities to be retailed by others.
4. Money owed to another person or organization, such as a loan, mortgage, etc., which is required to be paid back, usually with interest.
5. A charge by the bank when you exceed the funds you have in the bank.
7. An employees wages which are paid on a regular basis for performing their job.
8. One that keeps, audits, and inspects financial records of individuals or business concerns and prepares financial and tax reports.
10. Anything of value which is owned by an individual, company, organization, etc.
12. A person who receives a financial advantage from something, especially a trust, will, or life insurance policy.
15. A right to cross or otherwise use someone else's land for a specified purpose.
17. A portion of profits paid by a company to its shareholders.
19. Federal agency that deals primarily with the collection of taxes.
21. A right to keep possession of property belonging to another person until a debt owed by that person is discharged.
22. Type of stock market that loses value as investors are concerned that stocks are overvalued.