Economics

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