personal finance

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Across
  1. 5. the profit made when you sell a stock that has increased in price
  2. 7. type of insurance that pays for damage to your car when you wreck it
  3. 8. annual percentage rate
  4. 10. Mr. Coleman has one of these on his face that he sometimes trims
  5. 12. type of business owned and run by multiple people, for example, a law firm
  6. 13. type of corporation that does not issue stocks
  7. 14. the overall evaluation made by a financial institution regarding the risk in lending you money. This covers your credit score, income, savings, etc.
  8. 18. type of account at a financial institution that pays low interest. The FDIC protects up to 250k
  9. 19. businesses that offer small, short term loans that typically have higher fees and interest
  10. 20. nonprofit bank owned by its members
Down
  1. 1. a loan for real estate, usually a house
  2. 2. type of business owned and run by a single owner. Has high risk
  3. 3. some asset that has value that is often used to secure a loan
  4. 4. the price paid for the use of borrowed money
  5. 6. the amount of money borrowed
  6. 7. type of business that is its own separate legal entity and often issues stocks
  7. 9. type of car insurance that pays for damages caused by non-driving related events, such as vandalism or hail
  8. 11. a special bank focused on savings accounts and mortgages
  9. 15. an open-ended, revolving credit account with higher interest rates
  10. 16. payment to stockholders based on corporate earnings
  11. 17. type of car insurance required by law - pays for damages to other cars when you are at fault
  12. 18. issued by corporations and represent partial ownership in that corporation