Across
- 2. debt with collateral
- 4. change rapidly and unpredictably
- 8. legal process that allows lenders to recover the amount owed on a defaulted loan by taking ownership of and selling the mortgaged property
- 9. amount for which the insured is liable before an insurance company will make payment
- 10. amount or portion of a resource assigned
- 14. legal claim on property (typical claim is a loan)
- 16. exchange something of value
- 17. card the deducts directly from checking
- 20. a certificate issued by a bank to a person depositing money for a specified length of time.
- 22. uncertainty with respect to your investments
- 23. person who derives advantage from something, especially a trust, will, or life insurance policy.
Down
- 1. symbol Ticker symbol that identifies companies traded on the stock exchange
- 3. make (one account) consistent with another,
- 5. unable to pay debt
- 6. debt without collateral
- 7. a person or institution appointed by a testator to carry out the terms of their will.
- 11. total amount of tax debt owed to a government
- 12. preset borrowing limit that can be tapped into at any time
- 13. Proving of a will
- 15. increase in prices
- 18. something owned of value
- 19. u.s federal payroll tax (social security & medicare)
- 21. annual percentage rate