Across
- 1. the cost of an operation that a company includes to make revenue
- 4. amount of money needed for basic expenses
- 5. income (total pay) before taxes are pulled
- 7. a common form of valuation in sales contract for goods sold in bulk purchasing
- 8. occurs when interest is added to the principal account
- 10. a sum of money placed or kept in a bank account usually to gain interest
- 13. estimation of revenue and expenses over a future period of time
- 14. something a person or company owes usually a sum of money
- 16. amount of money borrowed by one group to another
- 17. the income over which the government imposed tax
- 18. portion of money where your employer takes money out of your paycheck and sends it to the federal government
- 20. a sum of money lent or invested, on which interest is paid
- 21. the total wealth of an individual, company, or household
- 22. a current medium of exchange in the form of coins and bank notes
- 23. money received, for work or through investments
- 24. expenses that can change over time
- 26. regular compensation that an employee receives for work
Down
- 2. a tax on sales or on the receipts from sales
- 3. calculated on principal portion of a loan the original contribution to a savings account
- 6. business expenses that are not dependent on the level of goods or services (stay the same)
- 8. a bank account which checks can be drawn by the account depositor
- 9. an expense that is subtracted from gross pay
- 11. a resource with economic value that someone owns with the expectation that it will benefit them in the future
- 12. a legal agreement by which a bank or other creditor lends money at interest in exchange for taking the title for the debtors property
- 15. a small plastic card issued by a bank, business, allowing the holder to buy goods or services on credit
- 19. tax levied by a government directly on income, annual tax on personal income
- 21. what is left after deductions
- 25. the money left over when they subtract their consumer spending