Across
- 2. refers to a legal process that allows individuals or businesses to discharge their debts when they are unable to repay them.
- 5. financial gain that is earned from a business or investment, typically after expenses have been paid.
- 6. refers to the cost of borrowing money, typically expressed as a percentage of the amount borrowed.
- 7. ____ refers to physical currency in the form of notes and coins that is used to make purchases or pay debts.
- 8. money earned from a job or other source, such as investments.
- 11. The ___is the value of one currency in relation to another, typically used for converting one currency into another for international trade or travel.
- 12. money that is set aside for future use, typically in a savings account.
- 13. a financial plan that outlines expected income and expenses over a specific period of time, typically a month or a year.
- 14. refers to the ability to borrow money or obtain goods or services on the promise of payment at a later time.
- 16. ___ refers to an abundance of valuable possessions or money that can be used to generate income and provide financial security.
Down
- 1. refers to the amount of money remaining in a financial account after all debits and credits have been accounted for.
- 3. ____ refer to the management of money and other financial resources, including budgeting, investing, and planning for the future.
- 4. is an exchange of goods, services, or money between two or more parties.
- 9. _____ refers to a system of money in general use in a particular country or region.
- 10. purchase of financial assets, such as stocks or bonds, with the expectation of generating income or profit.
- 15. refers to money that is owed to someone else, typically as a result of borrowing money or purchasing goods or services on credit.