Fin Lit vocab Ren

3. of Deposit (CD) - a certificate issued by a bank to a person depositing money for a specified length of time.
5. - an estimate of income and expenditure for a set period of time
6. - failure to fulfill an obligation, especially to repay a loan or appear in a court of law.
8. useful or valuable thing, person, or quality.
10. shopping - the practice of comparing the price of products or services from different vendors before buying
13. fund - source of ready cash in case of an unplanned expense, an illness, or the loss of a job.
16. - something, typically money, that is owed or due.
17. - the action of diversifying something or the fact of becoming more diverse.
19. value of money - a sum of money is worth more now than the same sum of money in the future.
22. - money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt.
23. - the yearly interest and fees paid on debt.
24. the yearly interest and fees paid on debt.

1. score - a numerical rating representing the perceived ability of a person or organization to fulfill their financial commitments, based on an analysis of their credit history and current financial circumstances.
2. card - a card issued by a bank allowing the holder to transfer money electronically to another bank account when making a purchase
4. - the extent to which a person or company is considered suitable to receive financial credit, often based on their reliability in paying money back in the past.
7. - lend (a sum of money or item of property).
9. - money received, especially on a regular basis, for work or through investments.
10. report. - a statement that has information about your credit activity and current credit
11. yourself first - set aside money for savings before paying bills and making other purchases.
12. Union - a nonprofit-making money cooperative whose members can borrow from pooled deposits at low interest rates.
14. - the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.
15. Broker - a broker who buys and sells securities on a stock exchange on behalf of clients.
18. vs. want - is something that is necessary to live and function and something that can improve your quality of life.
20. - a thing providing protection against a possible eventuality.
21. - first in order of importance; main.