Across
- 4. a periodic payment for the use of borrowed funds; interest is paid on a loan
- 5. setting aside a portion of income for use in the future
- 6. using money with the intention of making a financial gain
- 7. the amount of money borrowed, or the amount of money still owed on a loan, apart from the interest
- 8. a card authorizing the user to buy goods and services with funds borrowed from the bank, store, or other business that issued the card
- 9. a business whose main purpose is to receive deposits and make loans
Down
- 1. anything owned to which a market value can be assigned
- 2. a card authorizing the user to access his or her own funds on deposit in a bank account; a debit card can be used to buy goods and services or to withdraw money directly from an account
- 3. a method of lowering risk by investing in a wide variety of financial assets