Financial Literacy

4. Score A numerical representation of a person's creditworthiness
7. A contract that provides financial protection against specified risks
8. Interest Interest calculated on both the initial principal and the accumulated interest
11. Deduction An expense that can be subtracted from a person's gross income to reduce taxable income
13. Putting money into assets with the expectation of earning a profit
15. Interest Earnings on an investment's earnings, as well as on its original principal
17. Money set aside for future use
18. A plan for managing income and expenses
19. Worth The difference between assets and liabilities

1. retirement savings plan sponsored by an employer
2. Card A plastic card issued by a financial institution that allows the holder to borrow funds
3. The cost of borrowing money or the return on investment
5. The rate at which the general level of prices for goods and services is rising
6. Fund Money set aside for unexpected expenses
7. Money received, especially on a regular basis, for work or through investments
9. A loan to finance the purchase of real estate
10. Spreading investments across different assets to reduce risk
12. Ownership shares in a corporation
14. A sum of money that is borrowed and expected to be paid back with interest
16. Money owed to others