Personal Financial Literacy Lesson 1 & 3

123456789101112
Across
  1. 3. the dollars that become available for investors to use when others save
  2. 5. account whose funds can be removed by writing having to gain prior approval from the depository institution
  3. 7. nonprofit service cooperative that accepts deposits, makes loans, and provides other financial services
  4. 9. privately owned, publicly controlled, central bank of the United States
  5. 10. monthly, quarterly, semiannual, or annual price paid for an insurance policy
  6. 11. an amount you pay before the insurance company pays
  7. 12. person of institutions to whom money is owed
Down
  1. 1. payment made for the use of borrowed money
  2. 2. group that channels savings to investors
  3. 3. loan that is backed up by collateral
  4. 4. the price of credit to a borrower
  5. 6. loan guaranteed only by a promise to repay it
  6. 7. something of value that a borrower lets the lender claim if a loans not repaid
  7. 8. act of not repaying borrowed money