Across
- 3. a tax on sales or on the receipts from sales.
- 5. an investment program funded by shareholders that trades in diversified holdings and is professionally managed.
- 6. tax-is the tax on profits realized on the sale of a non-inventory asset.
- 12. tax on the value of a property
- 13. employees are paid at a set hourly rate which is multiplied by the hours worked during a pay period.
- 15. the process of allocating capital in a way that reduces the exposure to any one particular asset or risk
- 18. is a record of a borrower's responsible repayment of debts.
- 19. a record of your payment behavior on all credit accounts, such as credit cards and loans
- 20. a fixed regular payment
Down
- 1. a bank account that earns interest.
- 2. is a type of credit that does not have a fixed number of payments, in contrast to installment credit
- 4. a share which entitles the holder to a fixed dividend, whose payment takes priority over that of common-stock dividends.
- 7. an individual's total earnings throughout a given period before any deductions are made
- 8. an employee's earnings after all deductions are taken out.
- 9. not-for-profit organizations that exist to serve their members.
- 10. an unchanging rate charged on a liability, such as a loan or mortgage
- 11. a company that lends customers small amounts of money at high interest rates, on the agreement that the loan will be repaid when the borrower receives their next paycheck.
- 14. security under which the issuer owes the holder a debt, and is obliged – depending on the terms
- 16. federal health insurance for people 65 or older,
- 17. the proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.