Across
- 2. an entry recording an amount owed, listed on the left-hand side or column of an account.
- 3. the total value of goods produced and services provided in a country during one year.
- 5. a specific dollar amount that an insured person must pay out-of-pocket for covered expenses before their insurance company begins to pay for a loss or claim.
- 9. something pledged as security for repayment of a loan, to be forfeited in the event of a default.
- 12. a sum of money placed or kept in a bank account, usually to gain interest.
- 14. The original amount of a loan before interest is added.
- 16. Money you owe to another person or institution, such as a credit card company or bank.
- 17. Allocating money with the expectation of generating income or profit.
- 18. The rate at which the cost of goods and services increases over time, which reduces the purchasing power of your money.
- 21. Borrowing money with a promise to pay it back later.
- 22. The money you spend on needs (rent, groceries) and wants (entertainment, travel).
- 23. A security that represents a share of ownership in a company.
Down
- 1. Money set aside specifically for unexpected expenses like job loss or medical bills.
- 4. The money you spend on needs (rent, groceries) and wants (entertainment, travel).
- 6. financial assets or the financial value of assets.
- 7. Money you set aside for short-term goals or future use.
- 8. A debt or financial obligation, such as a mortgage or car loan.
- 9. the maximum output or service level that an entity can achieve within a given period.
- 10. money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt.
- 11. A plan for managing your income and expenses over a set period.
- 13. All the money you receive, including from a job, investments, or other sources.
- 15. self-service electronic banking device that allows customers to perform basic financial transactions without needing a bank representative.
- 19. The yearly interest rate you pay to borrow money, including all fees.
- 20. Anything of economic value that you own, such as cash, investments, and real estate.
