Across
- 2. The original amount of money borrowed
- 5. The number of years it takes for a certain amount to double. (72 divided by annual rate of interest)
- 6. Amount you must pay before you receive any benefits from insurance
- 7. Card that allows you make basic financial transactions
- 9. Agreement of insurance
- 12. Out-of-pocket fee paid by a person with health insurance
- 16. A nonprofit financial institution that is owned by its members and organized for their benefit.
- 19. Company or government agency provides a guarantee of compensation for loss
- 20. Amount of protection you have through an insurance company in the event of a loss
- 21. Sum or money paid by the insured to the insurance company
- 23. Liquidation of assets in order to repay creditors
Down
- 1. interest paid on the principal alone
- 3. Property owned by a person or company
- 4. a signature or stamp on the back of a check
- 8. Sharing of expenses by the policyholder and the insurance company
- 10. Measure of wealth (assets-liabilities)
- 11. a check written for an amount more than in your account
- 13. interest earned on both the principal amount and any interest already earned
- 14. A for-profit institution that offers personal loans, mortgages, and other services.
- 15. Request by policy holder to a insurance company for coverage or compensation
- 17. Occurs when money is withdrawn from the bank and balance goes below zero
- 18. Something a person/company owns
- 22. 4 digit code that you use with your debit card