Across
- 1. risk management technique which spreads assets into a portfolio with a wide variety of investments
- 5. classification of metals which are considered to be rare and have a high economic value
- 6. employer-sponsored retirement savings plan
- 7. happens when investments generate earnings, then those earnings generate earning of their own
- 9. interest which is calculated on the initial principal as well as the accumulated interest of previous periods
- 12. degree to which an asset can be quickly bought in the market without affecting the asset’s price
- 14. tax-advantaged savings plan designed to encourage saving for future college costs
- 15. financial intermediaries which perform a variety of services for businesses and some governments
- 18. type of savings account which earns a higher interest rate than a standard savings account
- 19. corporations which pool risk by collecting premiums form a large group of people who want to protect themselves against a particular loss
- 21. act of buying an asset to generate returns from it over a period of time while also taking care of risk and volatility
- 22. intermediaries between buyers and sellers to facilitate securities transactions
- 24. contract between an investor and an insurance company in which the company promises to make periodic payments to the investor
- 25. potential of losing something of value
- 27. type of mutual fund which only invests in low-risk securities
Down
- 2. companies engaged in the business of dealing with monetary transactions, such as deposits, loans, investments and currency exchange
- 3. restricting expenses and keeping the unspent money in one’s own custody for the purpose of accumulating it
- 4. land, as well as any physical property affixed to the land
- 8. made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets
- 9. financial institutions which provide security and convenience to customers
- 10. profit on an investment
- 11. item valued and sought by collectors
- 13. rate at which the general level of prices for goods and services is rising and,
- 16. interest computed on the principal, excluding previously earned interest
- 17. the purchasing power of currency is falling
- 20. reward for lending money
- 22. loan an investor makes to an organization in exchange for interest payments over a specified term plus the repayment of principal at the bond’s maturity date
- 23. portion of ownership in a corporation
- 26. an interest-bearing deposit account held at a bank or credit union