Across
- 1. A type of insurance that covers medical and surgical expenses.
- 3. Goods - Products that are purchased for consumption by the average consumer. Services - A system supplying a public need such as transport, communications, or utilities such as electricity and water.
- 6. Credit advanced to consumers for the purchase of goods or services.
- 9. The deposit of funds directly into a bank account.
- 10. The degree of wealth and material comfort available to a person or community.
- 12. The action of buying something.
- 14. An institution which accepts deposits, makes business loans, and offers related services.
- 20. The price of an asset in the marketplace.
- 22. Any government system that provides monetary assistance to people with an inadequate or no income.
- 25. An initial payment made when something is bought on credit.
- 27. The income return on an investment.
- 28. A type of life insurance with a limited coverage period.
- 29. The extent that an asset or security can be bought or sold in the market without affecting the price.
- 30. The total revenue in an accounting period minus all expenses during the same period.
- 31. A range of investments held by a person or organization.
- 32. A business that does work for a customer and occasionally provides goods, but is not involved in manufacturing.
- 35. An account used to set aside funds needed in the event of a personal financial dilemma.
- 36. An investment in a business enterprise in a country other than the investorʼs country designed to acquire a controlling interest in the foreign business enterprise.
- 37. The process of freeing or state of being free from an obligation or liability imposed on others.
- 38. A person who derives advantage from something.
- 40. A legal status of a person or other entity that cannot repay debts to creditors.
- 41. A plan for the coordination of resources and expenditures.
- 42. The date on which the principal amount of a note, draft, acceptance bond or another debt instrument becomes due and is repaid to the investor and interest payments stop.
- 43. An evaluation of the credit risk of a prospective debtor, predicting their ability to pay back the debt, and an implicit forecast of the likelihood of the debtor defaulting.
- 44. A person or company to whom money is due.
- 46. A non-profit financial institution that provides financial services for their members.
- 47. The annual rate charged for borrowing or earned through an investment, and it is expressed as a percentage that represents the actual yearly cost of funds over the term of a loan.
- 48. An investment vehicle made up of a pool of moneys collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and other assets.
- 51. A certificate issued by a bank to a person depositing money for a specified length of time.
- 56. The amount of taxation that a business or an individual incurs based on current tax laws.
- 58. The process where the value of an investment increases because the earnings on an investment, both capital gains and interest, earn interest as time passes.
- 59. An investing tool used by individuals to earn and earmark funds for retirement savings.
- 60. Any fee representing the cost of credit, or the cost of borrowing.
- 61. The action of subtracting something.
- 62. The potential to make a certain amount of money based on your income or job.
Down
- 2. A resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide future benefit.
- 4. The process by which an employee accrues non-forfeitable rights over employer- provided stock incentives or employer contributions made to the employeeʼs qualified retirement plan account or pension plan.
- 5. A company benefit plan which provides employees with perks on top of minimum coverage in medical insurance, retirement benefits, etc.
- 7. A portfolio strategy designed to reduce exposure to risk by combining a variety of investments.
- 8. The amount of money that must be paid by an individual before an insurance provider will pay any expenses.
- 11. An insurance that provides an income in case an illness or accident prevents an individual from working at their regular job.
- 13. The loss of potential gain from other alternatives when one alternative is chosen.
- 15. Something pledged as security for repayment of a loan, to be forfeited in the event of a default.
- 16. A relatively small fee that a health insurer requires the patient to pay for a medical expense.
- 17. Protects the insured from loss to the contents of the dwelling rather than the dwelling itself.
- 18. The short and long-term financial planning by an individual.
- 19. A federal health program that subsidized people who are elderly or fall under other criteria.
- 21. A feature for a checking account that provides a loan if a check is bounced.
- 23. An interest-bearing account that typically pays a higher interest rate than a savings account, and which provides the account holder with limited check-writing ability.
- 24. Analysis and adjustment of differences between the cash balance shown on a bank statement, and the amount shown in the account holderʼs records.
- 26. The gain or loss on an investment over a specified time period, expressed as a percentage of the investmentʼs cost.
- 33. The charge for the privilege of borrowing money.
- 34. A general increase in prices and fall in the purchasing values of money.
- 36. A taxable payment declared by a companyʼs board of directors and given to its shareholders out of the companyʼs current or retained earnings, usually quarterly.
- 39. A process that fosters the exchange of information and ideas among individuals or groups that share a common interest.
- 43. An institution which accepts deposits, makes business loans, and offers related services.
- 45. Provide funding for.
- 49. A retirement plan that requires an employer to make contributions into a pool of funds set aside for a workerʼs future benefit.
- 50. A company's financial debt or obligations that arise during the business' obligations.
- 51. An insurance policy in which the individual and the insurance provider share costs after the deductible is met.
- 52. A shortcut to estimate the number of years required to double your money at a given annual rate of return.
- 53. Tax levied by a government directly on income, especially an annual tax on personal income.
- 54. Audit by the IRS or other tax-collecting agency to determine whether a taxpayer has paid the correct amount of tax.
- 55. A brief written account of personal, educational, and professional qualifications and experience.
- 57. A fixed sum of money paid to someone each year, typically for the rest of their life.