Unit 3 Vocabulary

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Across
  1. 3. ownership share of a corporation
  2. 6. someone who buys a good or service
  3. 9. buying purchasing an item on the spot because of an emotional rather than planned decision
  4. 10. annual cost of credit expressed as a percentage of the amount borrowed
  5. 12. to set aside income for a period of time so that it can be used later
  6. 15. Shopping buying strategy to get best buy for the money
  7. 16. money borrowed to pay for a good or service
  8. 19. profit earned through investing
  9. 20. Income money income left after necessities have been bought and paid for
  10. 22. inability to pay debts
  11. 23. payment of a portion of a company's earnings
Down
  1. 1. the payment people receive when they lend money or allow someone else to use their money
  2. 2. Bonds The US, along with other cities and states, borrow money to pay for its expenses. Safest of all investments
  3. 4. money spent on goods or services
  4. 5. property or valuable item serving as security for a loan
  5. 7. funds pools of money from many people who are invested in a selection of individual stocks and bonds chosen by financial experts
  6. 8. the most important
  7. 11. a movement to educate buyers about the purchases they make and to demand better and safer products from manufacturers
  8. 13. money received from labor, business, or property
  9. 14. Income money income left after all taxes on it have been paid
  10. 15. Cards Issued by banks, companies, and stores; this allows you to chare or pay using borrowed money for goods and services up to the value of a preset monthly limit.
  11. 17. contract to repay borrowed money with interest at a specific time in the future
  12. 18. the promise made by a manufacturer or seller to repair or replace a product within a certain time period if it is faulty
  13. 21. A plan for making and spending money