Across
- 4. Decline in a product’s value that starts the moment a product is purchased (car).
- 6. using income for current consumption
- 8. Loan to buy real estate, such as land or a home.
- 11. The entire amount of money owed to lenders.
- 12. earnings from an investment, usually expressed as an annual percentage rate
- 14. Intentional misrepresentation of information with the intent to deceive or mislead.
- 15. Card that enables holder to charge expenses for purchases or to get money, often with interest; synonymous with “buy now, pay later.”
- 16. The length of time you have to pay off a loan
- 17. Any money an individual receives.
- 19. The profit from an investment.
- 20. An investment that makes the investor a part owner of a company.
Down
- 1. How fast money in savings account or investment grows.
- 2. An excessively high offer for a trade-in vehicle.
- 3. The difference between a person’s assets and liabilities
- 5. A rise in value or price
- 7. one who lends; may be an individual, a business or a government
- 9. Amount of money a creditor is willing to loan another to purchase goods and services, based on trust and the expectation that the money will be repaid as promised with interest.
- 10. Money set aside for short-term goals.
- 13. Ability to repay a loan from present income; one of three factors in credit scoring.
- 18. Written order directing a bank or credit union to pay a person or business a specific sum of money.