Final Review Crossword

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Across
  1. 3. The maximum amount of credit that a financial institution extends to a borrower.
  2. 5. Wrongful or criminal deception intended to result in financial gain.
  3. 7. An investment vehicle that pools money from many investors to purchase securities
  4. 8. Savings set aside for unexpected expenses
  5. 12. Total income before deductions
  6. 14. A financial product that provides protection against losses
  7. 16. Payment made for the use of property owned by another
  8. 19. Income remaining after all deductions are taken
  9. 20. The ability to borrow money with the promise to repay
  10. 21. A financial institution that accepts deposits and offers loans
  11. 24. Non-essential items that enhance quality of life.
  12. 26. A payment made by a corporation to its shareholders, typically from profits
  13. 27. A fixed income investment representing a loan made by an investor to a borrower
  14. 28. Money set aside for future use.
  15. 29. Essential items required for survival and well-being
  16. 30. A document that represents income earned
  17. 31. Money borrowed that must be repaid, often with interes
  18. 33. A detailed proposal for how to allocate income and expenses
  19. 34. A numerical representation of creditworthiness
Down
  1. 1. The rate at which the general level of prices for goods and services rises.
  2. 2. A member-owned financial cooperative that provides banking services.
  3. 4. The act of putting money into something for profit
  4. 6. An asset that a borrower offers to a lender to secure a loan
  5. 9. A bank account used for everyday transactions
  6. 10. The cost of borrowing money or the earnings from savings
  7. 11. A card issued by a financial institution that allows borrowers to access a line of credit
  8. 13. Costs incurred in the process of living or working
  9. 15. A loan used to purchase real estate, secured by the property itself.
  10. 17. The amount you pay out of pocket before insurance kicks in
  11. 18. Financial aid awarded to a student based on academic or other achievements
  12. 22. The amount paid for an insurance policy
  13. 23. A plan for managing income and expenses
  14. 25. Funds provided to students to help pay for educational expenses
  15. 32. Money placed into a bank account