Across
- 1. An item of economic value that can be sold for cash
- 4. Failing to meet a financial obligation
- 9. An increase in value of an item
- 10. A list of estimated expenditures and the expected ways to pay for them
- 12. Money or debt that you owe someone else
- 13. Plastic used to borrow money or make purchases
- 16. Debt arrangement that allows you to borrow and repay and then borrow again
- 18. Occurs when you attempt to use money from your account, but your account does not have that much money in it
- 20. Earned from employment, Unearned from interest on investments
- 21. Levied on goods and services you purchase
- 22. This tells how willing you are to take chances in obtaining your financial goals
- 23. The fee charged to a borrower by a lender
- 24. A decrease in value of an item
- 26. An individual or organization that is owed money or other item of value
- 29. To receive something of value, with a promise of giving something of equal or greater value at some point in the future
- 30. Provides access to your bank accounts and can be used to make purchases
- 31. Starting balance, interest rate compounded monthly, payments made monthly
- 32. Initial deposit, interest rate compounded monthly, monthly deposits made
Down
- 1. Checking or Savings
- 2. An agreement to pay for the use of an asset
- 3. Based upon your net worth
- 5. Assessed on your earnings
- 6. Cost of living or discretionary
- 7. Your past record of making payments on your liabilities
- 8. When the bank honors your payment without the money in your account
- 11. Federal government guarantees your money in the bank against bank bankruptcy
- 14. Your capacity to borrow (FICO score)
- 15. A pre-authorized to access as needed
- 17. Return: Interest or discount on face value
- 19. Education, family, career, lifestyle, home, transportation, vacations, retirement
- 25. The amount borrowed
- 27. Return: Dividend or capital gain
- 28. A loan to finance the purchase of real estate