Across
- 1. Payment received for work
- 5. Using money with the goal of earning a financial return
- 6. Spreading investments to reduce risk
- 7. The value of the next best alternative given up
- 11. Interest earned on both principal and previously earned interest
- 13. Money owed; a financial obligation
- 15. Protection against financial loss
- 17. The desire and ability to purchase a good or service
- 18. A plan for managing income and expenses
- 19. Tools, machinery, and equipment used in production
- 21. A number that represents your creditworthiness
- 22. Income earned by a business or government
- 23. The cost of borrowing money
Down
- 2. The basic economic problem of limited resources
- 3. Anything of value that is owned
- 4. Money set aside for future use
- 8. A general increase in prices over time
- 9. The ability to borrow money with a promise to repay
- 10. A loan specifically used to buy a home
- 12. Places where buyers and sellers interact
- 13. The original amount borrowed
- 14. Mandatory payments to the government
- 16. A person who starts and runs a business
- 20. How easily an asset can be converted to cash
- 24. The quantity of a good or service available