Personal Fiinance

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