Across
- 5. An entry recording an amount owed, representing a decrease in assets or an increase in liability.
- 7. The amount of money held in a bank account at a particular time.
- 9. The cost of borrowing money, typically expressed as a percentage rate over a period of time.
- 10. The total amount of money being transferred into and out of a business or household.
- 14. Protection against a possible eventuality, in exchange for regular payments to a company.
- 15. The action or process of investing money for profit or material result.
Down
- 1. A loan used to purchase a home, where the property serves as collateral.
- 2. The ability to borrow money or access goods or services with the understanding that payment will be made in the future.
- 3. The process of creating a plan to spend your money, outlining projected income versus expenses.
- 4. Portions of income not spent on current expenditures and set aside for future use.
- 6. A sum of money placed or kept in a bank account, usually to gain interest.
- 8. An amount of money borrowed that is expected to be paid back with interest.
- 11. An amount of money saved or collected for a particular purpose.
- 12. Money required to be paid to the government, typically collected on income, sales, and property.
- 13. Money received, especially on a regular basis, for work or through investments.