Saving and Spending Vocabulary

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Across
  1. 2. An individual or business that engages in cashing checks, money orders, drafts or other payment instruments for a fee
  2. 4. A financial institution that offers short-term, high-interest loans, usually due on the borrower's next payday
  3. 5. How easily an asset can be converted to cash without losing significant value
  4. 6. The cost required for something
  5. 9. The rate of increase in prices over a given period of time
  6. 10. Money that is otherwise idle and not being put at risk with investments or spent on consumption
  7. 11. The support, assistance, and advice provided by a company to its customers both before and after they buy or use its products or services
  8. 15. Any new money that a person receives in a given time period
  9. 16. The money that is used for a particular purpose
  10. 17. Something, typically money, that is owed or due
  11. 18. The cost of borrowing money or the reward for lending money
  12. 20. A business that deals with financial and monetary transactions, such as: loans, investments, deposits, and currency exchange
Down
  1. 1. A licensed business that allows customers to exchange one currency for another
  2. 3. A member-owned nonprofit cooperative financial institution. They may offer financial services equivalent to those of commercial banks
  3. 7. Something that has value
  4. 8. The practice of comparing the price of products or services from different vendors before buying
  5. 12. =Assets-Liabilities
  6. 13. Something that a person or company owes, usually money, and is settled over time through the transfer of economic benefits
  7. 14. Net amount of financial value a person has after subtracting liabilities from assets
  8. 19. A financial institution that accepts deposits from the public and makes loans and offers other financial services