Across
- 3. insurance that protects your belongings from theft and destruction
- 4. the amount of money borrowed, or the amount of money still owed on a loan
- 5. investments that represent ownership in businesses (risky)
- 7. risk transfer to a third party
- 9. a business whose main purpose is to receive deposits and make loans
- 11. the recipient of funds or other benefits from insurance policies
Down
- 1. used when a person is sick
- 2. occurs when benefits outweigh the cost
- 6. a periodic payment for the use of borrowed funds
- 8. interest on the original loan
- 9. investment that represents a loan to governments or corporations (low risk)
- 10. amount paid on an insurance policy per a given time period