Fin Lit Vocab

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Across
  1. 3. of Deposit (CD) Savings accounts offered by banks
  2. 5. Spending a certain amount of money
  3. 6. Failure to make repayments on a debt
  4. 8. A resource owned by a business
  5. 10. shopping Learning about the prices of the product before buying it
  6. 13. fund Cash set aside for unexpected expenses
  7. 16. Money owed from one person to another
  8. 17. Spreading your investments around
  9. 19. value of money The value of a dollar today is worth more than the value in the future
  10. 22. The price you pay to borrow money
  11. 23. Someone unable to pay their debts
  12. 24. a measure of the interest rate plus the additional fees
Down
  1. 1. score A 3 digit number that shows the chances of paying your bills
  2. 2. card A payment car that withdraws money from your account
  3. 4. Someone suitable to receive financial credit
  4. 7. Getting a sum of money and paying it back
  5. 9. Money that a person receives for doing their job
  6. 10. report Information about your credit activity
  7. 11. yourself first Making sure that enough income is saved
  8. 12. Union Financial institution that provides financial services
  9. 14. Borrowing money and paying it back
  10. 15. Broker A representative of a financial market who enables the buying and selling
  11. 18. vs. want Needs are things you need for survival. Wants are things you want.
  12. 20. Protection from financial loss
  13. 21. Earn, save and invest