Across
- 3. process of setting aside a portion of current income for future use, or the flow of resources accumulated in this way over a given period of time
- 5. estate the land and any permanent structures, like a home, or improvements attached to the land, whether natural or man-made.
- 6. in the most literal sense, a payment made yearly, as, for example, under a contract to provide retirement income.
- 10. market fund mutual funds that invest in debt securities characterized by short maturities and minimal credit risk.
- 11. banks provides specialized services for companies and large investors. These services include: Underwriting and advising on securities issues and other forms of capital raising.
- 13. a powerful investing concept that involves earning returns on both your original investment and on returns you received previously.
- 15. bank account a type of savings account that pays higher-than-average interest rates on deposits.
- 19. companies A company that creates insurance products to take on risks in return for the payment of premiums.
- 20. issued by governments and corporations when they want to raise money
- 21. banks a financial institution that provides services like loans, certificates of deposits, savings bank accounts bank overdrafts, etc. to its customers
Down
- 1. an individual or firm that acts as an intermediary between an investor and a securities exchange.
- 2. the rate of increase in prices over a given period of time
- 4. the change in price of an asset, investment, or project over time
- 7. interest/when you earn interest on the money you've saved and on the interest you earn along the way.
- 8. the ease with which an asset, or security, can be converted into ready cash without affecting its market price.
- 9. the chance that an outcome or investment's actual gains will differ from an expected outcome or return.
- 12. interest/an interest charge that borrowers pay lenders for a loan
- 14. tuition plan allows you to prepay a student's college tuition or contribute to an education savings account.
- 16. the monetary charge for borrowing money—generally expressed as a percentage, such as an annual percentage rate (APR)
- 17. account a basic type of financial product that allows you to deposit your money and typically earn a modest amount of interest.
- 18. institutions a company engaged in the business of dealing with financial and monetary transactions such as deposits, loans, investments, and currency exchange.