Financial Institutions

3. money that is made in a business after all the costs and expenses are paid
8. money earned or received
9. person or institution that lets you borrow money
10. payment for goods and services
11. numbers the set of positive numbers that begins at one and increases by increments of one each time {1, 2, 3, ..., n}
12. Union is owned by its members. It provides the same services as a bank.
14. number a number in the base-10 place value system used to represent a quantity that may include part of a whole and is recorded with a decimal point separating the whole from the part

1. expenses expenses that vary in cost from month to month
2. taking something now with the promise to return it later.
4. expenses expenses that are consistent from month to month
5. a place that looks after people's money for them and keeps it safe. It also lends money to people to help them buy things like houses.
6. the person borrowing money and paying back for the loan.
7. institution an establishment that focuses on dealing with financial transactions such as investments, loans, and deposits
9. to give something to someone to used for a period of time and then returned.
13. reasoning to determine an approximate value