Description

All monies a business owes a creditor for the provision of its goods or services. Accounts ___
All monies a business is owed in return for the provision of its goods or services. Accounts ___
A court order that allows a court to administer all your payments to creditors. Applicable if you cannot afford to pay the full amount to your creditors each month. ____ order
A licensed Insolvency Practitioner, appointed by the court under an administration order, to ensure the proposals in the order are carried out.
When an invoice is raised before the goods are delivered or service commenced. ____ billing
A business or person with an adverse credit history has a poor record of settling debts within agreed credit limits, making them undesirable to offer credit to. ____ credit history
A legal term for overdue debts.
Money that is owed to a business that’s considered irrecoverable.
A business’s or person's monthly credit commitments that were agreed upon signing the credit agreement. ____ payments
A judgment issued by the courts that requires a debtor to settle a debt within a certain time frame. Court ___
A formal document sent by a creditor to inform the debtor that they have begun legal proceedings against an unpaid debt. Court____
Protects businesses from late payment of commercial debts due to insolvency or protracted default, where the insurer assumes the risk and pays the client a percentage of the sales ledger value in such an event. Credit ___
The time during which a debtor is contractually obliged to pay for the goods or services purchased. Credit ___
Calculated using a business’s/person's financial history, current assets and liabilities, a credit rating essentially indicates to a potential seller the customer’s ability and likelihood of settling a debt within agreed credit terms. Credit ___

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Economic Terms

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Unit 4 Review

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ECONOMIC JARGON

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KEY TERM TOPIC 2.3

Crossword

Frequently Asked Questions

What is a crossword?

Crossword puzzles have been published in newspapers and other publications since 1873. They consist of a grid of squares where the player aims to write words both horizontally and vertically.

Next to the crossword will be a series of questions or clues, which relate to the various rows or lines of boxes in the crossword. The player reads the question or clue, and tries to find a word that answers the question in the same amount of letters as there are boxes in the related crossword row or line.

Some of the words will share letters, so will need to match up with each other. The words can vary in length and complexity, as can the clues.

Who is a crossword suitable for?

The fantastic thing about crosswords is, they are completely flexible for whatever age or reading level you need. You can use many words to create a complex crossword for adults, or just a couple of words for younger children.

Crosswords can use any word you like, big or small, so there are literally countless combinations that you can create for templates. It is easy to customise the template to the age or learning level of your students.

How do I create a crossword template?

For the easiest crossword templates, WordMint is the way to go!

Pre-made templates

For a quick and easy pre-made template, simply search through WordMint’s existing 500,000+ templates. With so many to choose from, you’re bound to find the right one for you!

Create your own from scratch

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  • Click ‘Create New Puzzle’ and select ‘Crossword’
  • Select your layout, enter your title and your chosen clues and answers
  • That’s it! The template builder will create your crossword template for you and you can save it to your account, export as a word document or pdf and print!

How do I choose the clues for my crossword?

Once you’ve picked a theme, choose clues that match your students current difficulty level. For younger children, this may be as simple as a question of “What color is the sky?” with an answer of “blue”.

Are crosswords good for students?

Crosswords are a great exercise for students' problem solving and cognitive abilities. Not only do they need to solve a clue and think of the correct answer, but they also have to consider all of the other words in the crossword to make sure the words fit together.

Crosswords are great for building and using vocabulary.

If this is your first time using a crossword with your students, you could create a crossword FAQ template for them to give them the basic instructions.

Can I print my crossword template?

All of our templates can be exported into Microsoft Word to easily print, or you can save your work as a PDF to print for the entire class. Your puzzles get saved into your account for easy access and printing in the future, so you don’t need to worry about saving them at work or at home!

Can I create crosswords in other languages?

Crosswords are a fantastic resource for students learning a foreign language as they test their reading, comprehension and writing all at the same time. When learning a new language, this type of test using multiple different skills is great to solidify students' learning.

We have full support for crossword templates in languages such as Spanish, French and Japanese with diacritics including over 100,000 images, so you can create an entire crossword in your target language including all of the titles, and clues.