Unit 5 Vocab Terms

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Across
  1. 3. An Act that was a response to the financial crisis in to increase accountability and transparency in the financial system (two words with a - )
  2. 4. (3 words, no space) This scam inflates the price of stock with false or misleading information then quickly sells their own stock at the inflated price
  3. 7. A consumer protection law that eliminates abusive practices in the collection of consumer debts and gives guidelines to debt collectors (acronym)
  4. 9. This scam sends emails or other messages that appear to be legit in order to steal personal information
  5. 11. The acronym for the government agency that protects investors and maintains fair markets
  6. 12. This is the portion of money that you are responsible for, usually based on a percentage (two words, no space)
  7. 15. A consumer protection law that is designed to promote accuracy, fairness, and privacy information in credit reports (acronym)
  8. 16. The acronym for the government agency that ensures consumer financial markets are not predatory and do not violate the law
  9. 19. This is the amount of money that you have to pay off before the insurance company starts paying for the bill
  10. 21. This insurance is a separate property insurance that protects from flooding
  11. 22. This insurance is required by law and protects drivers
  12. 23. This insurance guarantees a sum of money is paid to the beneficiaries (usually family) when the insured person dies
  13. 24. The characteristic of being acceptable for insurance, each company has their own policies
Down
  1. 1. A consumer protection law that aims to prevent discrimination in the sale, rental and financing of housing
  2. 2. This scam scans the data off your credit or debit card usually at a gas pump or ATM
  3. 5. This insurance pays a percentage of your salary in the case of injury or illness
  4. 6. (two words, no space) This scam promises to send you money first in exchange for a deal, item, or object.
  5. 8. People by insurance to ______________ something they purchased/or their assets
  6. 9. This is them amount that you pay monthly in exchange for your insurance plan
  7. 10. The acronym for the government agency that will pay up to $250,000 (not a credit union)
  8. 13. This insurance protects from high and unexpected medical costs
  9. 14. The acronym for the government agency that protects the people from deceptive and unfair business practices
  10. 17. This is a fraudulent scheme where money taken from later investors is paid to early investors to create an illusion of big profits (investment scam)
  11. 18. This insurance protects a person's house or rental property from thefts, accidents, fires
  12. 20. A consumer protection law that was created to promote the informed use of consumer credit by disclosure of the terms and costs associated with borrowing money(acronym)