Econ unit 3

2. form of debt incurred by an individual or other entity
3. the portion of income not spent on current expenditures
5. To receive money from another party with the agreement that the money will be repaid
7. money held at a bank
8. someone allows another person to borrow something
10. the chance that an outcome or investment's actual gains will differ
11. ability of an individual or organization to obtain goods or services before payment
16. anything owed by one person to another
17. a card issued by a bank that allows the cardholder to purchase goods and services with your own money
18. the purchase of goods that are not consumed today but are used in the future to generate wealth
19. the ownership of a fraction of the issuing corporation

1. the amount a lender charges a borrower and is a percentage
4. interest you earn on interest
6. the chance that an outcome or investment's actual gains will differcompound
9. production of goods that will be used to produce other goods
12. ability of an individual or organization to obtain goods or services before payment
13. the cost of borrowing money
14. a spending plan based on income and expenses
15. financial institution licensed to receive deposits and make loans