Across
- 3. fee charged by a lender on money borrowed
- 4. a legal process in which a court takes over some of the finances of a person who is unable to pay his/her bills
- 7. cost of pursuing one option instead of another
- 10. ownership in something
- 12. the process of forecasting future expenses and income
- 13. money received
- 14. what is owed (debt)
- 15. money spent
- 16. financial issues that can affect an individual
- 17. anything on which money is spent
- 18. an expense that remains the same from period to period
Down
- 1. something owned
- 2. something owned that can rapidly be converted to cash without a risk of significant loss
- 5. the process of planning every aspect of personal finances
- 6. money coming in through wages earned, allowance, and other sources
- 8. the difference between one's assets minus his/her liabilities
- 9. available cash on hand for meeting immediate wants and needs
- 11. an expense that changes from one period to the next
