Across
- 4. system of government subsidies for health care for the elderly and disabled
- 8. an individual or firm that acts as an intermediary between an investor and a securities exchange
- 9. company that brings together money from many people and invests it in stocks, bonds, or other assets
- 11. a medium of exchange for goods and services
- 12. the process of converting a value received in a future time period
- 14. is the U.S. government program that pays benefits to workers after retirement, to spouses and children of deceased workers, and to workers who become disabled before they retire.
- 15. a legal proceeding involving a person or business that is unable to repay their outstanding debts
Down
- 1. the central bank and monetary authority of the United States
- 2. cooperative that provides traditional banking services
- 3. central marketplace where stocks and other securities are traded, bought, and sold
- 5. an item of value that a lender can seize from a borrower if he or she fails to repay a loan according to the agreed terms
- 6. entity (person or institution) that extends credit by giving another entity permission to borrow money intended to be repaid in the future
- 7. an amount paid periodically to the insurer by the insured for covering his risk
- 9. a public health insurance program that provides health care coverage to low-income families
- 10. any person who gains an advantage or profits from something
- 13. a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an insurance company