Across
- 4. a record that summarizes all of the income and outgo over a certain time period
- 5. the initial amount of money invested or borrowed
- 7. the amount by which the value of a person's assets exceeds or falls behind the value of their liabilities
- 9. the granting of a loan and the creation of debt; any form of deferred payment
- 14. the cost of good or services
- 15. all the financial decisions an individual or family must make in order to earn, budget, save, spend, and give money over time
- 16. anything you own that has value
- 19. the amount of interest charged on a debt but not yet collected; interest accumulates from the date a loan is issued
- 21. the amount of money you receive from your employer before taxes and other payroll deductions
- 22. earnings based on a percentage of the sales made
Down
- 1. growth, the average rate of growth for an investment over time; often expressed as an annual figure
- 2. a written plan for giving, saving, and spending
- 3. the type of expense that occurs at various times throughtout the year and tends to be in large, lump sums
- 6. the type of expense in which the amount may vary from month to month
- 8. money earned that comes in at different amounts or at different times, or both
- 10. a savings account set up specifically to be used to cover financial emergencies
- 11. a fee that is charged for using borrowed money for a purchase
- 12. the type of budget in which one's income minus all expenses equals zero
- 13. the percentage of principal charged by the lender for the use of its money
- 17. value of money, concept that an amount of money is worth more today than in the future due to earning potential
- 18. financial debts or obligations
- 20. a person or organization that uses a product or service