Across
- 1. More money is taken out based on a larger pay check (federal tax)
- 4. The amount of money borrowed, or the amount of money still owed on a loan
- 8. A periodic payment for the use of borrowed funds
- 10. All social classes pay the same percentage
- 11. Your payment before an insurance company begins coverage
- 12. Investment that represents a loan to gov't or corporation (low risk)
- 15. A business whose main purpose is to receive deposits and make loans
- 17. Benefits survivors or of deceased
- 18. Amount paid on an insurance policy per a given time period
- 19. Used when a person is not capable of working
- 20. Risk transfer to a third party
Down
- 2. Smaller amount of money take out of pay check (sales tax)
- 3. Interest on the original loan
- 5. Insurance that protects your belongings from theft and destruction
- 6. A collections of securities chosen and managed by a group of professional fund managers
- 7. investments that represents ownership in business (risky)
- 9. occurs when benefits outweigh the cost
- 13. The recipient of funds or other benefits from insurance policies
- 14. interest pain on both the original loan and interest earned
- 16. Used when a person is sick