Crossword

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Across
  1. 2. ________Stock, A class of stock with claim to a company's earnings, before payment can be made on the common stock
  2. 3. A word denotes to stock market appears to be declining overall.
  3. 4. A legal entity created by an individual in which one person or institution holds the right to manage property or assets for the benefit of someone else.
  4. 5. The per-share value of a mutual fund's current holdings
  5. 6. An increase in the price of products and services over time
  6. 7. Anything owned that has monetary value.
  7. 8. The U.S. Department of Labor's main indicator of inflation
  8. 9. _____Bond, A debt security issued by municipalities
  9. 13. A portion of earnings usually distributed in cash by a corporation to its stockholders
Down
  1. 1. This type of bond makes no periodic interest payments but instead is sold at a steep discount from its face value.
  2. 3. A person named in a life insurance policy, annuity, will, trust, or other agreement to receive a financial benefit upon the death of the owner
  3. 4. ________Trust, A trust established by a will that takes effect upon death.
  4. 6. A person who dies without leaving a valid will
  5. 10. All the investments held by an individual or a mutual fund
  6. 11. A legal document that declares a person's wishes concerning the disposition of property
  7. 12. ______Insurance, A type of life insurance provides a death benefit if the insured dies and does not accumulate cash value