Across
- 2. The date a loan (or debt or liability) is repaid in full
- 4. The right to take possession of collateral until a debt is repaid
- 6. Can be turned into cash at values that are predictable and available to all holders
- 10. The money you make after taxes and insurance is paid
- 11. A person or a business with a strong credit score and the financial resources that make it likely they will be able to repay any loan
- 13. One of the equal parts into which a company’s capital is divided, entitling the holder to a proportion of the profits
- 14. An obligation you have to pay someone else money
- 15. The money a person borrows to buy real estate
- 16. An individual or company that owns shares in a company
- 17. Money earned when something is sold
Down
- 1. Money paid by a company to a person who owns stock in that company
- 3. Assets that are not already pledged as a guarantee to repay another loan
- 5. Equipment, inventory or other goods that are pledged to the bank in the case the company can’t make a loan payment
- 7. Something of value
- 8. An investment worth money; a “financial instrument” indicating ownership
- 9. Other types of debt (or money you owe someone else) other than a mortgage
- 12. Cash or securities that can be immediately turned into cash, which can then repay any loan amount outstanding