Type
Crossword
Description

Calculate the interest amount if the amount charged is R7200, percentage interest rate is 25% and its charged for 2 months 300
The amount charged is R3000, the percentage rate interest is 5% and the interest amount is R50. Calculate the amount of months. 4
What is the interest rate if the amount charged is R1500, the amount of months are 2 and the interest amount is R25. 10
Mr Rough owed the bank R2000. He settled his account at 5% less discount. Calculate the bank figure 1900
Mrs. Shooter owed a friend R15000. She paid half the owing amount with a 8% discount. Calculate the bank figure. 6900
What is the selling price if the cost price is R200 and the Mark-up is 50% 300
If the selling price is R57915 and the Mark-up is 43%. What is the cost price? 40500
Calculate the Mark-up % if the cost price is R99820 and the selling price is R139748 40
Calculate the trade discount if the amount charged is R595 and the normal price is R700 15
If the normal price is R4000 and the trade discount is 5%. What is the amount charged going to be? 3800
If the amount charged by the wholesaler is R5400 and the normal price of the wholesaler is R6000. Calculate the trade discount> 10
If the cost of merchandise is 5500 and the import duty on merchandise is R275, and the mark-up is 40%. What is the selling price going to be? 8085

Banking Terms Crossword

Type
Crossword
Description

Bank branch offices, hours of operation, availability of ATM Location
Direct deposit, automatic payments, overdraft protects, online banking, discounts or free checking for students Special Features
Monthly charges, per check costs, printing of checks, balance inquiry cost, ATM checks Fees
Minimum balance, holding period for deposited checks Restrictions
An payment system where bills are paid through direct withdrawal from a bank account Automatic Payment
A financial cooperative owned by its members to serve its members. It offers the same financial services as a bank Credit Union
Allow customers to get cash and conduct banking transactions ATM
An account that allows you to deposit money and write checks on that account. Checking Account
The amount of money currently in an account Balance
A business that keeps money safe fro its customers, lends money to borrowers, and provides other financial services Bank
A banking card that can be used to purchase goods and services electronically. The amount is transferred immediately. Debit Card
The least amount of money a bank requires when opening an account Minimum Deposit
The money put into a bank account Deposit
A savings or checking account set up in the names of more than one person Joint Account
The money a bank pays for the use of a person’s money. Interest is referred to in terms of annual percentage rate (APR) Interest
Tells how much money you currently have in your account (account balance) Inquiry
A secret number or code that protects the security of an account PIN
An amount of money taken out of an account Withdrawal
A bank account that allows you to put money away to use later. The bank pays interest in exchange for the use of the money in the account Savings Account
Business done with a bank, including deposits, and withdrawals Transaction
A bank employee who performs banking services for the public, such as cashing checks and accepting deposits Teller

Financial Literacy Crossword

Type
Crossword
Description

a sum of money that is borrowed and expected to be paid back with interest in a specified time frame Loan
the amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets Interest Rate
the annual rate that is charged for borrowing Annual Percentage Rate
a card that allows customers to access their funds immediately from their checking account Debit Card
a card that can be used at a store, restaurant, online, etc. that allows the cardholder to make a purchase immediately but then pay back the money later Credit Card
a card that usually does not charge interest; however it requires the cardholder to pay off his/her balance in full every month Charge Card
contains information about your credit such as loan paying history and the status of your credit accounts. Lenders use these reports to make lending decisions Credit Report
the sense of regret after buying something Buyers Remorse
allows you to track your income and your expenses Budget
a nonprofit-making money cooperative whose members can borrow from pooled deposits at low interest rates Credit Union
an amount of money that you owe to a person, bank, or company Debt

Credit Cards Crossword

Type
Crossword
Description

Any card that may be used repeatedly to borrow money or buy products and services on credit. Creditcards
Any card that may be used repeatedly to borrow money or buy products and services on credit. Debitcards
A payment made to a professional person or to a professional or public body in exchange for advice or services. Fees
A current medium of exchange in the form of coins and banknotes; coins and banknotes collectively Money
The fee charged by a lender to a borrower for the use of borrowed money, usually expressed as an annual percentage of the principal; the rate is dependent upon the time value of money, the credit risk of the borrower, and the inflation rate. Interest
The amount of money owed to the credit card company. CreditcardBalance
A place where you can keep your money safe Bankaccount
When you don't pay bills on time Badcredit
When you pay your bills on time Goodcredit
A contractual agreement in which a borrower receives something of value now and agrees to repay the lender at some later date. Credit
When a person you work for or your boss pays you not in cash Check
A price that one has to pay Bill
When you put money or a check into your acount deposit
The record of use of debt. Credithistory
A bank account equally shared by two or more people Jointaccount
Charged by a credit card company each year for use of a credit card. Annualfee
A three digit number that summarizes how well a person or business has handled debt and credit Creditscore
The total cost of borrowing, including interest and fees, expressed in a dollar amount. financecharge
Consumers or businesses seek legal assistance when bills cannot be paid. Bankruptcy
An amount owed Debt

Financial Terms Crossword

Type
Crossword
Description

This is the assets (or money) available to an organisation to re-invest and create new assets. It starts with C. Capital
An ______ is an independent examination of an organisation's records and financial statements (report and accounts). Audit
These are things which are owned by a business such as buildings, vehicles, stock and money in the bank. Assets
You make this if you sell or dispose of a long−term asset (such as a building) for more than it cost you. Two words ______ G____ Capital Gain
These are short−term assets which are constantly changing in value, such as stocks, debtors and bank balances (two words) Current Assets
This is the value of a company’s assets minus any liabilities. Basically, the value of something less the money owing on it. Equity
Any of the costs involved in running the business. Expenses
A __________ is one which is intended to be used for several years and not be converted into cash. Examples are buildings, machinery and vehicles (two words) Fixed Asset
This is the difference between the selling price of goods and what they cost to buy (two words). Gross Profit
These are debts that a person or an organisation owes. Liabilities
This is the profit left after all overheads have been taken off (two words). Net Profit
A detailed projection of all estimated income and expenses based on forecasted sales revenue for a year (two words) O_______ ________ Operating Budget
The amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise. Revenue
Trainer's name Maree

Accounting chapter 9 Vocab Crossword

Type
Crossword
Description

Total Shares of Ownership in a corporation Capital Stock
A deduction that a vendor allows on the invoice amount to encourage prompt payment Cash Discount
A special journal used to record only cash payment transaction Cash payments journal
An account that reduces a related account on a financial statement Contra Account
An organization with legal rights of a person and which many persons may own Corporation
The price a business pays for goods it purchases to sell Cost of merchandise
A form prepared by the customer showing the price deduction taken by the customer for returns and allowances Debit memorandum
The retail price listed in a catalog or on an internet site List Price
The amount added to the cost of the merchandise to establish the selling price Markup
Invoice used as a source document for recording a purchase on account transactions Purchase Invoice
Transaction in which merchandise purchased is to be paid later Purchase on Account
Credit allowed for part of the purchase price of merchandise that is not returned Purchases allowance
Cash discount on purchases taken by a customer Purchases discount
Credit allowed for the purchase price of returned merchandise, resulting in a decrease in the customers A/P Purchases return
Each unit of ownership in a corporation Share of stock
Owner of one or more shares of a corporation Stockholder
agreement between the buyer and seller about payment for merchandise Terms of sale
reduction in the list price granted to customers Trade discount
business from which merchandise is purchased or supplies or other assets are bought Vendor

Supply and Demand Crossword

Type
Crossword
Description

The amount of goods available. Supply
When producers offer more of a good as its price increases. law of supply
The amount that a supplier is willing and able to supply at a specific price. Quantity supplied
A cost that rices or falls depending on the quantity produced. Variable cost
A cost that does not change. fixed cost
A tax on the production or sale of a good. Excise tax
The sum of fixed costs plus variable costs. Total cost
The cost of producing one more unit of a good. marginal cost
The total cost divided by the quantity produced. Average cost
The cost of operating a facility such as a factory or a store. Operation cost
The desire to own something and the ability to pay for it. Demand
To buy more of a good when its price is lower. law of demand
when consumers react to an increase in a goods price by consuming less. Substitution effect
The change in consumption that results when a price increases causes real income to decline. income effect
A table that lists the quantity of a good a person will buy at various prices in a market. Demand schedule
A table that lists the quantity of a good all consumers in a market will buy at various prices. market demand
a graphic representation of a demand schedule. demand curve
A good that consumers demand more when their incomes increases. normal good
A good that consumers demand less of what their incomes increase. Inferior good
The statistical characteristics of population and population segments. demographics
A measure of how consumers respond to price change. Elasticity of demand
The total amount of money a company receives by selling goods or services. total revenue

Unit D Business Math Crossword

Type
Crossword
Description

interest that a company charges to a credit card account for not paying the total due finance charge
the finance charge method that is based on the portion of the previous balance you have not paid unpaid balance
the finance charge method that is based on the daily balance average daily balance
a fee assessed if you don't pay your credit card bill on time late fee
a loan that you repay with ONE payment single payment
the total amount you must repay on a loan maturity value
the amount of money that you borrow principal
the amount of time for which the loan is granted term
interest based on 360 day year ordinary
interest based on a 365 day year exact
a loan you repay in EQUAL payments installment
a portion of the cash price of the item you are purchasing before financing the rest down payment
the portion of the cash price that you owe are making the down payment amount financed
an index showing the cost of borrowing money on a yearly basis annual percentage rate

Saving and Investment Crossword

Type
Crossword
Description

a report showing your credit history and a numerial rating credit rating
an agency that collects information on how individuals pay their bills, etc. credit bureau
state of owing money to a business for a credit debt
a time during which interest is not charged to your credit card grace period
yearly cost of the loan, expressed as a percentage APR
fees based on the amount of money owe and the interest charged on the credit card interest
maximum amount you can charge on a credit card credit limit
a small plasitc card issured by a bank or financial institution credit card
as asset such as home or car collateral
your signature signed on the back of a check endorse
a void check advice of debit
items means to agree reconcile
a bank for people who are part of the same organization credit union
money taken out of an account withdrawal
money put into an account deposit
recorded tranaction in a book check register
money moved from one place to another transfer
money you pay back to a loan in regular payments installments
transfer of money from one bank account to another by electronic means electronic funds transfer
managing your money from a computer using the Internet online banking

Show Me the Money!! Crossword

Type
Crossword
Description

Services such as water, heating, and electricity ultilites
The value of an investment or loan on date before the end of the term present value
The value of an investment or loan Principal
Someone who rents accommodations tenant
A feature of a calculator that is used for financial calculations TMV
The value of an investment or loan at the end of the term Future value
The percent by which an investment increases or decreases in value over a given time Growth rate
The number that is multiplied by the principal when calculating its accumulated value Growth factor
Total earning before deductions Growth earnings
Total assets (wealth) minus total liabilites (debt) Net worth
Total earnings less all payroll deductions from a total area Net earnings
Regularly occuring expenses that are the same from on time period to the next Fixed expenses
A series of equal payments or deposites paid at regular intervals over a fixed period of time annutity
The rate at which the value of an item increases over time. Appreciation rate
Expenses shared by all owners of a condominium complex common fees
An organized income spending plan budget
The time frame for which the calculation of a morgage payment is determined amoritizations period
A person or organization that lends money creditor
To sell an invenstment at a value less than its usual price discount
The rate at which the value of an item decreases over time Depreciation rate
The interest paid on the principal and its accumulating interest compund interest
The length of time for which interest is calcuated before being accumulated compounding period
A single loan obtained to pay off multiple loans consolidation loan
Half the monthy payment is paid every two weeks accelerated bi-weekly payment
One quarter of the monthly payment is paid each week accelerated weekly payment
Expenses that may change in frequency and/or amount from one time period to the next. i.e. food variable expenses

Key Financial Literacy Terms: Crossword

Type
Crossword
Description

something of value Assets
the date a loan is due maturity
other types of debt other than a mortgage Notes Payable
the money a person borrows to buy real estate Mortgage
equipment, inventory or other goods that are pledged to the bank in case a company can't make a loan payment Collateral
the right to take possession of collateral until a debt is repaid Lien
debt from a bank Loan
investors who make small investments in an enterprise AngelInvestors
the act of making a business different Differentation
cost that do not vary based on the units sold by your enterprise FixedCost
a determination of how many units you have to sell in order to pay for all fixed cost BreakevenAnalysis
funds contributed by investors to a business Credit
expenditures on equipment the business will use for many years Capital
unit price minus the cost of goods sold ContributionMargin
the costs that make up one unit of what you sell CostofGoodsSold
the 12 month period a company uses to report financial results FiscalYear
a person or company with sufficient liquidity who guarantees to repay a loan if a company cannot Guarantor
this type of credit requires little documentation; decisions are almost immediate and interest rates are very high OnlineCredit
the amount of money borrowed Principle