Across
- 3. a corporation that issues stock that can be freely traded
- 6. a government-run medical insurance program for low-income people
- 7. a tax that places a higher percentage rate of taxation on high-income earners than on low-income earners
- 10. government income from taxes and nontax sources
- 11. a check or other withdrawal that exceeds the existing account balance
- 12. a plan for spending federal tax money
- 13. a request to an insurance company for payment on an insured loss
- 14. a mandatory payment to a local, state, or national government
- 16. the money taken from a worker’s pay before the worker receives the pay
- 19. a budget in which total government revenue is equal to total government spending
- 21. a tax that takes the same percentage of income from all taxpayers regardless of income level
- 25. a statement by a credit bureau that details a consumer’s credit record
- 26. borrowed money that is usually repaid with interest
- 28. government spending that is required by current law
- 30. a person who assumes responsibility for the debt if the borrower fails to repay the loan
- 31. a government-run, national health insurance program mainly for citizens over age 65
- 38. the practice of buying goods or services now and paying for them in the future
- 39. a corporation that controls who can buy or sell its stock
- 40. a business composed of companies that produce unrelated goods or services
- 41. a share of ownership in a corporation that gives the holder voting rights and a share of profits
- 42. a tax on the production or sale of a specific good or service
- 45. for filing taxes, based on marital status or support of dependents
- 46. a bank chartered by a state government
- 47. anything people will accept as payment for goods and services
- 48. a business owned and controlled by one person
- 49. a tax that takes a larger percentage of income from low-income earners than from high-income earners
- 50. the portion of income subject to taxation after all deductions and exemptions
Down
- 1. the amount the insured pays before the insurance company pays
- 2. a tax based on an individual’s income from all sources
- 4. a tax based on a corporation’s profits
- 5. the use of taxes to encourage or discourage certain economic behaviors
- 8. paper money and coins
- 9. the amount of money needed in an account to avoid fees
- 15. a number that summarizes a consumer’s credit worthiness
- 17. an enterprise that produces goods or provides services, usually to make a profit
- 18. spending that the government must authorize each year
- 20. the part of a corporation’s profit that the company pays the stockholders
- 22. a tax based on the value of an individual’s or a business’s assets
- 23. a business made up of semi-independent businesses that all offer the same products or services
- 24. an institution that acts like a business but exists to benefit society rather than to make a profit
- 27. a bank chartered by the national government
- 29. a card one can use like an ATM card to withdraw cash or like a check to make purchases
- 32. 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
- 33. a tax on money or property given by one living person to another
- 34. a form used to report income and taxes owed to the government
- 35. a fee a bank pays for the use of money
- 36. a federal program to aid older citizens, orphaned children, and the disabled
- 37. an amount paid for insurance, typically monthly
- 40. an amount the insured owes when an insured receives health care
- 43. the amount of interest you pay, depending on the length of the loan, abbreviated to APR
- 44. a payroll tax that provides coverage for the elderly, the unemployed due to disability, and surviving family members of wage earners who have died
- 46. a tax based on the value of goods or services at the time of sale