Unit Four Vocabulary

Edit Answers
1234567891011121314151617181920212223
Across
  1. 3. says the price you pay for goods and services rise faster than the rate of return on your investmen
  2. 7. allows you to contribute money to your account, deduct the contribution from your personal income taxes, and then pay those taxes when you pull the money out of your account.
  3. 8. are based on a contract where you pay in a specific amount each month and receive a guaranteed amount each month when you retire.
  4. 11. a type of financial service offered that allows depositor to place money into an account to save.
  5. 14. a type of phishing attack where a scammer pretends to be a trusted person or organization to trick victims into sharing sensitive information.
  6. 15. is a fraudulent business model that makes money by recruiting new members instead of selling products or services.
  7. 17. represents an investor who has bought a share or stake in a company.
  8. 18. a scam where a user is tricked into revealing personal or confidential information that the scammer can use illicitly.
  9. 21. is the potential that your investment will be worth less tomorrow than it is today because prices or values have dropped.
  10. 23. is the idea that using your money to buy something (real estate, stocks, mutual funds, etc) in hopes it will increase in value over a longer time period
Down
  1. 1. the most common retirement benefit; it is provided by the federal government and supported with payroll taxes.
  2. 2. allows you and/or your employer to put money into an investment account each month; and taxes are not paid on the amount invested until you withdraw your money from the account.
  3. 4. is the potential that the business you invest in goes bankrupt or fails to make a profit.
  4. 5. are individually investmentment accounts.
  5. 6. Charitable Contributions only consist of money.
  6. 9. a group of investors and pool your money to make greater profit or to have less risk.
  7. 10. Withdrawing from the workforce, usually due to age.
  8. 12. is an illegal practice used by identity thieves to capture credit card information from a cardholder
  9. 13. You pay personal income taxes on your earnings before placing it in your IRA account.
  10. 16. a type of savings account that has high interest rates, but does not allow you withdraw money for a period of time.
  11. 17. a trading network that connects investors looking to buy and sell stocks and their derivatives
  12. 19. is designed to con you out of your money or your personal details
  13. 20. is the potential that someone either deceives or tricks you into investing in something where you get nothing in return.
  14. 22. represents the purchaser’s agreement to lend money to a business or government on the promise that the debt will be paid back—with interest—at a specific time.