Financial literacy vocabulary words.

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Across
  1. 8. something that is owed.
  2. 11. A set of money you have to spend on something.
  3. 14. borrowing and repaying money from a third party.
  4. 16. a card that deducts money from a person’s account during a transaction.
  5. 17. a savings product that earns interest overtime
  6. 20. original amount of money in a transaction.
  7. 23. comparing the prices of two or more products.
  8. 24. failing to repay debts resulting in lower credit score.
Down
  1. 1. report on credit history
  2. 2. allocating resources or capitol to reduce risk in a portfolio
  3. 3. fund - cash set aside for emergencies
  4. 4. a monetary charge on borrowed money
  5. 5. a financial institution that provides banking services
  6. 6. a guarantee that provides compensation for a loss.
  7. 7. a necessity vs not a necessity
  8. 9. money that is made from a person’s job
  9. 10. the likelihood of a person repaying their debts.
  10. 11. a person or company’s inability to repay debts.
  11. 12. value of money - worth of money today vs the future/past
  12. 13. a score representing a person’s ability to fulfill their financial accomplishments.
  13. 15. transfer of money with an agreement that this sum will be repaid with interest.
  14. 18. to save a portion of your income before spending a part of it.
  15. 19. financial adviser that executes trades on behalf of their client
  16. 21. a resource with economic value.
  17. 22. Annual Percentage Rate the annual charge on a loan/investment