Across
- 4. A share of ownership in a company.
- 6. A numerical rating based on credit history that indicates how much of a credit risk a borrower may be
- 9. Annual Percentage Rate
- 10. A loan obtained without collateral, based solely on the borrower's creditworthiness.
- 14. largest source of federal revenue
- 15. Interest calculated on both the initial principal and the accumulated interest
- 16. A professionally managed investment fund that pools money from many investors to purchase a diversified portfolio of securities.
- 19. An individual or organization that loans money to a borrower
- 21. main 3 tax
- 23. parentage of income taxed for medicare
- 25. An agreement in which a borrower receives something of value now and agrees to repay the lender over time, usually with interest.
Down
- 1. A loan that is backed by collateral
- 2. main 1 tax
- 3. The smallest amount of money that a borrower must pay each month to keep the account in good standing
- 5. amount of money that is owed to a lender
- 7. group 3 that receives our tax money
- 8. A legal process that provides a person with a fresh financial start, but severely damages their credit rating
- 11. percentage of income taxed for social security
- 12. An asset offered to a lender to secure a loan; if the borrower defaults, the lender can seize the asset
- 13. A detailed summary of an individual's credit history
- 17. main 2 tax
- 18. Spreading investments across various assets to reduce risk
- 20. group 1 that receives our tax money
- 22. Providing money or capital to an enterprise with the expectation of making a financial gain.
- 24. group 2 that receives our tax money