Personal Finance Vocab

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Across
  1. 5. – The extent of protection provided by an insurance policy.
  2. 6. – On-the-job training with pay and instruction.
  3. 8. – Required contribution to government revenue.
  4. 9. – Federal Insurance Contributions Act; payroll tax for Social Security & Medicare.
  5. 10. – The amount borrowed or owed before interest.
  6. 12. – The chance of losing money on an investment.
  7. 13. – Ownership in a company.
  8. 17. – Failure to repay a loan.
  9. 18. – Money owed to lenders.
  10. 20. – Fixed regular payment, often annually.
  11. 21. – Borrowed money that must be repaid with interest.
  12. 22. – Spreading investments to reduce risk.
  13. 23. – Payment based on hourly work.
  14. 25. – A loan made to a government or corporation that earns interest.
  15. 26. – Amount paid out-of-pocket before insurance pays.
Down
  1. 1. – Asset purchased to grow in value over time.
  2. 2. – A plan for income and expenses.
  3. 3. – Payment for insurance coverage.
  4. 4. – Someone supported financially (e.g., children).
  5. 5. – Borrowed money you must repay.
  6. 7. – Rise in prices over time, reducing purchasing power.
  7. 10. – Insurance contract outlining coverage terms.
  8. 11. – A person who buys goods and services.
  9. 14. – Amount taken from pay for taxes.
  10. 15. – Long-term professional journey with growth and learning.
  11. 16. – The gain or loss on an investment.
  12. 19. – Guarantee on product performance or replacement.
  13. 22. – Profits shared with shareholders.
  14. 24. – A fraudulent or deceptive scheme.