Across
- 2. relating to money or currency.
- 3. an economic and political system in which a country's trade and industry are controlled by private owners for profit.
- 7. the branch of knowledge concerned with the production, consumption, and transfer of wealth.
- 8. the legal process in which a lender or creditor seizes a property (typically a home) as collateral after the owner defaults on payments, such as a mortgage, and forces its sale to recover the outstanding debt
- 9. money, goods, or services owed by one party (the debtor) to another (the creditor), usually requiring repayment with interest by a specific date
- 10. buying, selling, or holding high-risk financial assets with the primary aim of profiting from short-term price fluctuations, rather than long-term value or income
- 11. Buying on _____; the practice of borrowing money from a broker to purchase stocks or securities, using your existing account assets as collateral.
Down
- 1. the rate at which the general level of prices for goods and services rises across an economy over a period of time, reducing the purchasing power of money
- 4. a centralized network of exchanges and over-the-counter venues where investors buy and sell shares of publicly traded companies
- 5. political and economic ideology aiming to establish a classless, stateless society based on common ownership of the means of production.
- 6. the independent central bank of the United States