Across
- 4. = What a person owns, such as cash, stocks, bonds, real estate, and personal possessions.
- 5. Teller Machine (ATM) = An electronic machine that bank customers and credit union members can use to withdraw cash and make financial transactions.
- 6. = A for-profit company that is owned by its stockholders and provides saving and checking accounts and other financial services to its customers.
- 8. = A sales charge paid when investments are sold.
- 9. (APY) = The actual interest rate an account pays per year with compounding included; calculated the same way by all banks/credit unions.
- 10. = your mom
- 11. = A rise in value or price.
Down
- 1. (APR) = The finance charge or total amount it costs per year to use credit, calculated as a percentage of the amount borrowed (percentage rate), including interest, transaction fees, and service charges.
- 2. = The process by which loan payments are applied to the principal, or amount borrowed, as well as the interest on a loan according to a set schedule.
- 3. = An illegal sales technique in which sells advertise a product with the intention of persuading customers to buy a more expensive product.
- 4. = The amount that credit card companies charge for the use of a credit card.
- 7. = going badly, awkwardly, or in the wrong direction