Ch 3 Lesson 8 Vocab

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