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