Chapter 8, 10, 14, and "Consumer Personal Finance"

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Across
  1. 3. a share of ownership in a corporation that gives the holder voting rights and a share of profits
  2. 6. government income from taxes and nontax sources
  3. 7. a tax that places a higher percentage rate of taxation on high-income earners than on low-income earners
  4. 10. a request to an insurance company for payment on an insured loss
  5. 11. a business owned and controlled by one person
  6. 14. the amount of interest you pay, depending on the length of the loan, abbreviated to APR
  7. 19. the portion of income subject to taxation after all deductions and exemptions
  8. 20. borrowed money that is usually repaid with interest
  9. 23. a business owned by shareholders, also called stockholders, who own the rights to the company’s profits but face only limited liability for the company’s debts and losses
  10. 24. an amount paid for insurance, typically monthly
  11. 25. a government-run medical insurance program for low-income people
  12. 27. a tax that takes the same percentage of income from all taxpayers regardless of income level
  13. 28. an amount the insured owes when an insured receives health care
  14. 30. spending that the government must authorize each year
  15. 32. an institution that acts like a business but exists to benefit society rather than to make a profit
  16. 33. a mandatory payment to a local, state, or national government
  17. 34. a tax based on the value of an individual’s or a business’s assets
  18. 35. a corporation that controls who can buy or sell its stock
Down
  1. 1. the amount of money needed in an account to avoid fees
  2. 2. a corporation that issues stock that can be freely traded
  3. 4. a number that summarizes a consumer’s credit worthiness
  4. 5. a form used to report income and taxes owed to the government
  5. 8. a tax based on the value of goods or services at the time of sale
  6. 9. government spending that is required by current law
  7. 12. a tax that takes a larger percentage of income from low-income earners than from high-income earners
  8. 13. a tax based on an individual’s income from all sources
  9. 15. a person who assumes responsibility for the debt if the borrower fails to repay the loan
  10. 16. the amount the insured pays before the insurance company pays
  11. 17. a business composed of companies that produce unrelated goods or services
  12. 18. a tax based on a corporation’s profits
  13. 21. the part of a corporation’s profit that the company pays the stockholders
  14. 22. the practice of buying goods or services now and paying for them in the future
  15. 26. a tax on the production or sale of a specific good or service
  16. 29. a business made up of semi-independent businesses that all offer the same products or services
  17. 31. a statement by a credit bureau that details a consumer’s credit record