Key Terms/ Concepts

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Across
  1. 2. a thing that is borrowed, especially a sum of money that is expected to be paid back with interest.
  2. 5. a card issued by a bank allowing the holder to transfer money electronically to another bank account when making a purchase.
  3. 8. a practice or arrangement by which a company or government agency provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium.
  4. 9. take-home pay or the amount employees earn after all payroll deductions are subtracted from their gross pay.
  5. 10. a piece of paper or a digital record that is given to an employee with each paycheck and that shows the amount of money
  6. 11. allow or provide a particular amount of money in a budget.
Down
  1. 1. expend money with the expectation of achieving a profit or material result by putting it into financial plans, shares, or property, or by using it to develop a commercial venture.
  2. 3. something, typically money, that is owed or due.
  3. 4. a compulsory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions.
  4. 6. (in an insurance policy) a specified amount of money that the insured must pay before an insurance company will pay a claim.
  5. 7. how you handle all of your finances, from budgeting to investing, to saving and setting goals