Chapter 17: Managing Personal Finances | Crossword
Across
1. | Signing the back, left end of a check before cashing or depositing it. |
3. | A group of securities purchased by a mutual fund for an investor. |
7. | A certificate that represents ownership of a small portion of a company. |
9. | The process of comparing the account statement to your check stubs or register to make sure they match. |
15. | The price a borrower pays a creditor for the use of money over a period of time. |
16. | An amount that a policyholder must pay before his or her insurance company will pay on a claim. |
19. | A group of many investments purchased by a company representing many investors. |
20. | A distribution of a company’s profits to a stockholder. |
21. | A fixed fee paid by a policyholder for certain insured items or services. |
Down
2. | A method of transferring money into an account through electronic means. |
3. | An insurance contract. |
4. | The amount a policyholder can borrow from an insurance company using the cash value of a whole life insurance policy as collateral. |
5. | A check written when there is not enough money in a checking account to cover it. |
6. | Term to describe money invested in many different stocks and bonds, so decreases in some are offset by increases in others. |
8. | An insurance policy provision that requires the policyholder to pay a certain percentage of medical costs. |
10. | An arrangement that allows consumers to buy goods or services now and pay for them later. |
11. | The amount a policyholder can collect if he or she decides to give up a whole-life insurance policy. |
12. | A certificate that represents a promise by a company or government to repay a loan on a given date. |
13. | A regular payment made for an insurance policy. |
14. | The degree to which a person will be able to get cash quickly from a savings account or financial investment. |
17. | What a person leaves behind when he or she dies. |
18. | A legal document describing how a person intends for property to be distributed after his or her death. |