money review

Edit Answers
12345678
Across
  1. 2. a person or organization that buys/uses goods or service
  2. 4. literacy The knowledge and skillset necessary to be informed consumer and manage fiances effecfinances
  3. 5. an obligation of repayment owed by one party (debtor/borrower) to a second party (creditor/lender)
  4. 7. a system by which goods and services are produced and distributed
  5. 8. the granting of a loan and the creation of a debt; of any form of deferred payment
Down
  1. 1. finance all of the decisions and activities of an individual or family regarding their money,including spending, saving, budgeting, etc.
  2. 3. a fee paid by a borrower to the lender for the use of borrowed money
  3. 6. a debt evidenced by a "note", which specifies the principle amount,interest rate and date of repayment