Semester 2 Exam Crossword

naturally occurring events that can cause severe threats to the public health.
Goals are categorized as
An emergency fund should be a minimum of
Unlimited wants and limited resources.
Every other alternative that is given up when a decision is made.
needs are
wants are
an arrangement whereby you receive goods, services, or money in exchange for a promise to repay at a later date.
the two components that make up the greatest percentage of the total credit score are:
a summary of loan and bill payments kept by a credit bureau.
an annualized number that measures how you handle your financial obligations
this report plays a huge part in whether a lender will allow you to finance something for a good interest rate or even at all
The type of credit that you get when a lender allows you to borrow an amount for a specific purpose for a specific amount of time at a given interest rate is called
Credit that is automatically renewed as debts are paid off
The price that you pay for the use of money you borrow from a lender is called
The interest rate for the whole year
Accept, reduce, avoid, or transfer the risk
Specific, Measurable, Attainable, Realistic, Time Bound.
Weighing the costs and benefits of alternatives.
A document that orders a bank to pay a specific amount of money from a person's account to the person in whose name the check has been issued
Example of traditional financial institutions include:
When a check is cashed or a debit is processed against an account that does not have sufficient funds to cover the transaction.
when choosing what you should consider access to locations, ATMS, and services to meet your financial needs
A deposit account that offers easy access to your money, offers the option to pay bills online or by electronic transfer, and offers the option to make purchases with ATM or debit card is called
A deposit account that pays interest on deposits, allows withdrawals and transfers with an ATM card, does not offer the option of bill payment or purchases, and may have a minimum deposit requirement
A deposit account that requires deposited funds to remain in the account for a fixed amount of time, imposes penalty fees for early withdrawal, and generally pays higher interest rates than others