Across
- 4. Broker people who buy and sell stocks for clients.
- 6. something you need to live
- 7. value of money one dollar received today is worth more than a dollar received tomorrow. (today's dollar can be invested)
- 11. money that is paid to a lender for lending out money.
- 13. setting aside money for savings before making other purchases.
- 15. savings that earns on a lump sum for a predetermined period of time.
- 16. a history of information about your credit activity.
- 17. failure to make payments on time.
- 18. comparing cost of different items or a service to see which one has the best deal.
- 19. score a rating that shows how likely you are to pay back your credit based on past credit history.
- 21. a card that is used to transfer money to another bank account when making a purchase.
- 24. borrowing money and promising to paay it back later, typically with interest.
- 26. Union non-profit financial institution similar to a bank that distributes their profits equally among members.
Down
- 1. company that gives financial protection for things like damages or loss.
- 2. money that is borrowed and typically paid back with interest.
- 3. a measure of a borrower’s risk to a lender.
- 5. something that improves your quality of life.
- 8. spreading your investments around so you are not limited to one asset.
- 9. the amount of money you borrowed and have to pay back
- 10. property owned by a person or company.
- 12. extra money prepared for unplanned spendings like losing your job or becoming sick.
- 14. a legal process started when people cannot repay their debts and use this to get rid of the debt.
- 20. a plan to limit money use over a period of time.
- 22. money that person earns regularly through the work they do.
- 23. interest rate an account earns each year
- 25. money that you owe.