Across
- 2. what college financial aid staff use to determine how much financial aid you would receive if you were to attend their school.
- 5. a regular payment made during a person's retirement from an investment fund to which that person or their employer has contributed during their working life
- 6. the position of a student or trainee who works in an organization, sometimes without pay, in order to gain work experience or satisfy requirements for a qualification
- 11. a person who lives outside their native country
- 12. not making or conducted primarily to make a profit
- 13. a type of pension plan in which an employer/sponsor promises a specified pension payment, lump-sum on retirement
- 16. the addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest
- 18. tending to cause harm
- 22. the declaration by a creditor that an amount of debt is unlikely to be collected
- 23. A monetary grant for academic study or achievement; learning of a high level
- 24. A loan that offers affordable dwon payments and a competitive rate.
- 26. the school, college, or university that one once attended
- 27. a clause in a mortgage contract stating that a penalty will be assessed if the mortgage is paid down or paid off within a certain time period
- 28. a thing that is borrowed, especially a sum of money that is expected to be paid back with interest.
- 32. expend money with the expectation of achieving a profit
Down
- 1. a company that collects information relating to the credit ratings of individuals and makes it available to credit card companies
- 3. characterized by a tendency to commit minor crime
- 4. a legal agreement by which a bank or other creditor lends money at interest in exchange for taking the title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt
- 7. an arrangement made with a bank whereby one may deposit and withdraw money and in some cases be paid interest
- 8. an arrangement made with a bank whereby one may deposit and withdraw money and in some cases be paid interest.
- 9. a type of retirement plan in which the employer, employee or both make contributions on a regular basis
- 10. the difference in amount of cash available at the beginning of a period and the end
- 14. the proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding
- 15. high-interest rates that can be triggered by the slightest infraction such as just one payment that is received a day late
- 17. a self-insurance arrangement whereby an employer provides health or disability benefits to employees using the company's own funds
- 19. the process of investing money for profit
- 20. a number assigned to a person that indicates to lenders their capacity to repay a loan
- 21. the ability of an asset to generate earnings, which are then reinvested in order to generate their own earnings
- 25. APPRECIATION an increase in the price or value of assets
- 29. the action or process of keeping financial accounts
- 30. a period, typically an academic year, taken by a student as a break between secondary school and higher education
- 31. an insurance policy that protects the holder against loss resulting from default on a mortgage loan