Unit III vocab

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Across
  1. 1. an investment company that sells stock in itself and uses the proceeds to buy stocks and bonds issued by other
  2. 3. amount of initial deposit on which interest is earned.
  3. 7. a negative balance
  4. 8. the preset time which you may withdraw funds from a CD.
  5. 9. payment for a wrong or a loss.
  6. 11. amount of money left over after subtracting expenses from income;money still owed on a credit card or bank loan.
  7. 13. the annual cost of credit expressed as a percentage of the amount borrowed
  8. 14. money lent at interest
  9. 15. an item that does not have a brand name but is basically similar to a more expensive, well-known product.
  10. 16. an unplanned often emotional decision to buy.
  11. 17. money spent on goods and services
  12. 20. income left after all taxes on it have been paid
  13. 22. a portion of company earnings paid to shareholders
  14. 23. a plan for making and spending money
  15. 24. permission to pay later for goods or services obtained today
Down
  1. 2. income left after taxes on it have been paid and that you can choose to spend
  2. 4. the process by comparing competing products and prices in order to find the best value.
  3. 5. a fee for early withdrawal of funds
  4. 6. the payment that people or institutions receive when they lend money or allow others to use their money
  5. 10. the promise made by a manufacturer of a seller to repair or replace a product within a certain time period if it's faulty.
  6. 11. the recipient of a loan
  7. 12. a movement to educate buyers about the purchases they make and to demand better and safer products from manufacturers.
  8. 18. shares of a company held by an investor
  9. 19. the profit earned by an investor
  10. 21. an interest-nearing certificate of agreement between a borrower and a lender