Fin Lit Vocab Crossword Puzzle

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Across
  1. 3. of Deposit(CD) savings account that holds a fixed amount of money for a period of time, six months, one year, or five years,while the bank pays interest.
  2. 5. A plan for saving a spending
  3. 6. a company or individual who fails to make payments or interest payments on time
  4. 8. any useful thing or something that holds value
  5. 10. shopping comparing similar products from different stores or suppliers
  6. 13. fund a cash reserve that's specifically set aside for unplanned expenses or financial emergencies
  7. 16. the amount owed by the borrower to the lender
  8. 17. the spreading of your investments both among and within different asset classes
  9. 19. value of money the concept that a sum of money is worth more now than the same sum will be at a future
  10. 22. the price you pay to borrow mone urn earned on an investmen
  11. 23. a legal process which happens when a person or an organization does not have enough money to pay all of its debts
  12. 24. the cost you pay each year to borrow money, including fees, expressed as a percentage
Down
  1. 1. score credit behavior, showing how likely you are to pay a loan back on time, based on your credit reports
  2. 2. card a payment card that deducts money directly from your checking account
  3. 4. how worthy you are to receive new credit.
  4. 7. when money is given to another party in exchange for repayment
  5. 9. money or value that an individual or business entity receives
  6. 10. report a statement that has information about your credit activity and current credit situation
  7. 11. yourself first set aside money for savings before paying bills and making other purchases
  8. 12. Union a not-for-profit financial institution that accepts deposits and make loans
  9. 14. an arrangement that allows you to borrow money now and repay it later
  10. 15. Broker financial professional who buys and sells stocks at the direction of clients
  11. 18. vs. want need includes food, clothing, shelter and medical care, while wants include everything else.
  12. 20. a way to manage your risk
  13. 21. refer to the original sum of money borrowed in a loan or put into an investment