Ch 3 Lesson 8 Vocab

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Across
  1. 2. settingasideaportionofincomeforuseinthefuture
  2. 6. usingmoneywiththeintentionofmakingafinancialgain
  3. 7. acardauthorizingtheusertobuygoodsandserviceswithfundsborrowedfromthebank,store,orotherbusinessthatissuedthecard
  4. 8. aperiodicpaymentfortheuseofborrowedfunds;interestispaidonaloan
  5. 9. acardauthorizingtheusertoaccesshisorherownfundsondepositinabankaccount;adebitcardcanbeusedtobuygoodsandservicesortowithdrawmoneydirectlyfromanaccount
Down
  1. 1. amethodofloweringriskbyinvestinginawidevarietyoffinancialassets
  2. 3. abusinesswhosemainpurposeistoreceivedepositsandmakeloans
  3. 4. anythingownedtowhichamarketvaluecanbeassigned
  4. 5. theamountofmoneyborrowed,ortheamountofmoneystillowedonaloan,apartfromtheinterest