Financial Terms

5. An investment strategy that divides up the amount of money being invested and purchases small quantities of assets over time.
6. Property owned by a person that has value and could be used to pay off debt.
7. Tax paid to the International Revenue Service based on income from employment or business activity.
12. Money that is iwed in return for a loan or a purchase.
15. A small loan with a very high interest rate lent with the expectation that the borrower will repay the full amount of the loan with their next paycheck.
17. All of the money that an individual receives or earns in a set period of time.
18. A plan for income and expenses during a set period of time.
19. A percentage of both the principal and previously accrued interest that is added to the total amount owned on a loan.
21. The extent to which a person or company is considered suitable to receive a loan, based on their reliability in paying money back in the past.
23. Money paid at a regular rate in exchange for money lent.
24. The pay for work completed in a set period of time.
25. Money that is paid quarterly to shareholders of a company from the profits of the company.

1. An increase in monetary value.
2. The total amount of money held by an individual or company, including both assets and debts.
3. A tax-advantaged retirement plan with an employer contribution.
4. The monetary fees given to an individual if they perform an early withdrawal from a locked or time-specific account.
8. A loan for a house where the interest rate stays the same throughout the entire term of the loan.
9. Small amounts of money borrowed from credit card lenders at very high interest.
10. An individual retirement account where you can make after-tax contributions; withdraws made after age 59 1/2 are tax and penalty free.
11. Debt that does not increase your net worth or help you earn more money.
13. Money expended that can increase your net worth and help you earn money.
14. Money that is expended with the expectation of earning profit in return.
16. Number that describes a person's likelihood of paying back loans, ranges from 300 to 850.
20. Original amount of money lent in a loan that does not include interest.
22. Initial payment at the point of a large item like a car or house.