Across
- 2. an amount of money one borrows and has to pay back later
- 5. the total annual cost of borrowing money
- 10. money or property which is used as a guarantee that someone will repay a loan
- 13. an amount of money a government requires people to pay
- 15. the money that someone gets for business activities
- 17. decrease of the monetary value of an asset over time due to use, wear and tear or obsolescence
- 22. a share in the ownership of a company
- 24. the price you pay to borrow money
- 25. a cash reserve that's specifically set aside for unplanned expenses or financial emergencies
- 26. the original amount borrowed from a loan
- 28. things you own that you can sell for money
- 30. money held at a bank
- 31. costs that change as the volume changes
- 32. something unnecessary but desired
- 33. a small plastic card that can be used as a method of payment, the money being taken from your bank account automatically
Down
- 1. an increase in the value of an asset over time
- 3. a federal court procedure that helps consumers and businesses get rid of their debts and repay their creditors
- 4. a type of loan used to purchase or maintain a home, land, or other types of real estate
- 6. an amount of money that is taken by an employer from an employee’s pay
- 7. a plan for spending and saving money
- 8. all the money you earn before taxes and other deductions are subtracted
- 9. the price paid to labor for its contribution to the process of production
- 11. money borrowed from a bank or financial institution
- 12. the ability to borrow money, goods, or services
- 14. costs that are largely consistent
- 16. a retirement savings plan offered by many American employers that has tax advantages for the saver
- 18. something you put your money in to help it grow
- 19. an initial non-refundable payment that is paid upfront for purchasing a high-priced item
- 20. money you take out of your banking, brokerage firm, or other accounts
- 21. a number from 300 to 850 that rates a consumer's creditworthiness
- 23. the process of spreading out a loan into a series of fixed payments
- 27. a card which allows people to buy items without cash
- 29. a form you need to fill out to get any financial aid from the federal government to help pay for college