Across
- 1. debt payments are held off
- 7. the difference in the about owed and what the home could be sold for
- 8. money earned on a regular basis with little or no effort required to maintain it
- 9. when prices in a financial market experience a prolonged decline
- 11. technical skills that are learned and require IQ
- 12. the practice of dividing the money a person invests among different types of investments in order to lower risk
- 14. set of tests that qualify students to earn college credit if they pass them
- 15. the measurement of gain or loss generated on an investment relative to the amount of money invested
- 17. a tax on certain good that aren't typically considered a necessity
- 18. a person who relies on someone for financial support
- 21. character traits and interpersonal skills that require EQ
- 22. federal student loans that are based on a student's financial need and don't accrue interest
- 23. a tax imposed on the goods and services imported from another country
Down
- 2. people who are designated by the policy holder to receive the death benefit of a life insurance policy
- 3. amount of money paid for an insurance policy
- 4. a government order that restricts or prohibits trade
- 5. how quickly you can access the money in an account or the value of an asset without a penalty or fee
- 6. a tax-exempt savings account dedicated to health
- 8. description of the investing strategy the mutual fund management company will use to invest your money
- 10. independent agency that insures deposits in bank accounts up to $250000
- 13. Federal application required to receive any financial aid
- 16. economic and political system in which trade and industry are controlled by private owners for profit
- 19. insurance that protects lenders against loss if the borrower defaults on the loan
- 20. when debt payments are held off and no interest accrues