Across
- 3. money spent to acquire something
- 4. what a person owns, such as cash, stocks, bonds, real estate, and personal possessions
- 9. money an individual receives
- 10. money set aside and not spent on current expenses
- 12. a financial arrangement that protects against the risk of loss or damage to assets, health, or life
- 13. cost of borrowing money or the return on an investment
- 14. a bank account designed for everyday spending
- 15. card that allows the cardholder to spend money from their checking or savings account
- 16. a company that provides checking and saving accounts and other financial services to its customers
Down
- 1. asset that you put money into with the goal of increasing its value and generating income
- 2. the maximum amount of credit a lender will extend to a customer
- 5. a bank account designed to save money for the future, with the goal of growing your money through interest
- 6. a plan for managing money
- 7. card allows the cardholder to buy goods and services on credit, and then repay the loan over time
- 8. money that you have or are given to spend
- 11. a financial agreement between a lender and a borrower that allows the borrower to receive funds, goods, or services now with the promise to repay them later