Personal Finance Vocab

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Across
  1. 4. An official form that tells a financial institution to give a certain amount of money from someone's account to someone else
  2. 5. A fee charged when there isn't enough money in an account to cover an expense.
  3. 7. The impact of social media influencer endorsement and product placement on a consumer's purchasing decisions.
  4. 10. Something a person or business owes money on
  5. 11. pull money out of an account at a financial institution.
  6. 12. A card that allows you to pay for things with money from a checking account
  7. 15. A number between 300 and 850 that's compiled by considering someone's borrowing history and represents their creditworthiness to potential lenders
  8. 16. The average life of a product from when it is sold to when it is discarded.
  9. 18. An account meant to help with and encourage saving money by paying interest. Purchases generally cannot be made directly from the money in the account.
  10. 20. The price a product could sell for in the future.
  11. 21. Expenses that generally don't change in dollar amount from month to month, like a mortgage or rent, insurance payments.
  12. 22. A contract that allows you to borrow someone's property for a specified amount of time and money.
Down
  1. 1. The money originally deposited into an account or borrowed on a loan.
  2. 2. An amount of money that gets added to the principal, shown as a percentage.
  3. 3. Money put into an account at a financial institution
  4. 6. The collective perception of a brand by customers, employees, partners, and others. The stronger the more trust.
  5. 8. The price per item or measurement, such as pound or ounce. Can be used to compare the same type of goods sold in varying weights and amounts.
  6. 9. A guarantee that a manufacturer or seller will repair or replace defective products within a certain timeframe.
  7. 13. A request to your insurance company to pay for healthcare that you've already received.
  8. 14. A transaction account that usually does not earn interest. Allow you to use a debit card or check to buy things with money from the account
  9. 15. The assistance provided by a company to consumers who purchase or use its products or services.
  10. 17. Expenses that vary from month to month, like money spent on groceries, entertainment clothing.
  11. 19. An amount paid to the federal or state government to pay for services and programs. Compulsory, which means everyone has to pay them.