Type
Crossword
Description

A loan in which the lender agrees to lend a maximum amount within an agreed period, where the collateral is the borrower's equity in his/her house (ABBRV) HELOC
Customers can access the equity line by writing _______________ Checks
Customers can also access the equity line by using their _____________________ (2 words) access card
Customers may elect to have their monthly FlexLine payment deducted right from their Comerica checking or savings account autopay
A customer must be a ____________ to qualify for a HELOC homeowner
During the draw period the interest rate is __________ based on prime. variable
During the repayment period, the interest rate is _______. fixed
The _________________ (2 words) is $50, waived for the first year annual fee
A HELOC has a 10 year _________ period draw
A HELOC yas a 20 year _______ period repayment
You can borrow against the available ________ in your home (up to 89.99% of the value of your home, minus what is owed) equity

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

Personal Finance Crossword

Type
Crossword
Description

Income, especially when of a company or organization and of a substantial nature. Revenue
An estimate of income and expenditure for a set period of time Budget
The proportion of a loan is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding. Interest Rates
Money paid regularly at a particular rate of the use of money lent, or for delaying the repayment of a debt. Interest
The capital raised by a business or a corporation through the issue and subscription of shares. Stocks
A certificate issued by a government or a public company promising to repay borrowed money at a fixed rate of interest at a specified time Bonds
A system of money in general use in a particular country. Currency
Borrow (a sum of money or item of property). Loan
Expend money with the expectation of achieving a profit or material result by putting it into financial schemes, shares, or property, or by using it to develop a commercial venture. Investing
Money received, especially on a regular basis, for work or through investments. Income
Pay out (money) in buying or hiring goods and services. Spending
The money one has saved, especially through a bank or official scheme. Savings
The ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future. Credit

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

credit & debt vocabulary Crossword

Type
Crossword
Description

fee charged by a credit card company for the use of their credit card annual fee
cost of borrowing money on an annual basis; takes into account the interest rate and other related fees on a loan APR
tool used to finance a purchase credit card
preferred method of debt repayment; includes a list of all debts organized from smallest to largest balance; minimum payments are made to all debts except for the smallest, which is attacked with the largest possible payments debt snowball
type of card, often bearing the seal of a major credit card company, issued by a bank and used to make purchases. unlike a credit card, the money comes directly from a checking account; also called a check card debit card
act of combining all debts into one monthly payment, typically extending the terms and the length of time required to pay the debt debt consolidation
a fee for the cost of credit or borrowing finance charge
process by which the holder of a mortgage sells the property of a homeowner who has not made interest and/or annual payments on the time as stipulated in the mortgage contract forclose
time period during which a borrower can pay full balance of credit due with no finance charges grace period
interest rate charged to a customer during the initial stages of a loan introductory rate
amount of money a credit card company issues to the borrower credit limit
a decline in the value of property; opposite of appreciation depreciation
a long-term rental agreement, and a form of secured long-term debt lease
the length of a loan loan term
information that has been passed on but is not true myth
your belief system; the way you see or perceive things paradigm
expense that a taxpayer is allowed to deduct from a taxable income; examples include money paid as home mortgage interest and charitable donations tax deduction

Financial Aid Cross Word Puzzle

Type
Crossword
Description

If a student fails to repay a student loan on time, the student is in ____________. Default
The acronym for the amount of money a student and his/her family are expected to pay toward college expenses as determined by the FAFSA, also known as the Expected Family Contribution. EFC
One of the standardized tests that students generally take junior year of high school that is used by colleges to evaluate an applicant’s academic skills and abilities. ACT
The type of loan where the U.S. Department of Education does NOT pay the interest while you are in college. Unsubsidized
The type of loan where the U.S. Department of Education pays the interest while you are in college. Subsidized
The name of Federal low-interest loans for eligible students to help cover the cost of college or career school (HINT: it starts with the letter "s"). Stafford
Federal loans that parents of undergraduate students can sometimes use to help pay for their child's college or career school. PLUS
Your primary area of study chosen for college. Major
The name of the campus office that makes the decision about your acceptance to their school. Admissions
An area of interest studied at the same time as a major; however, fewer courses are required. Minor
Federal grant program providing need-based grants to low-income students. PELL
Type of college degree given if you complete four years of full-time study. Bachelor
Type of college degree earned if you complete two years of full-time study. Associate
The acronym for the application that you will fill out your senior year to apply for financial aid. FAFSA
The person at a college who helps students decide what classes to take, what major to pursue, and that makes sure student have fulfilled all graduation requirements. Advisor
The acronym for the report that a student receives after their FAFSA is processed. It is the report that is sent to your college, also known as a Student Aid Report. SAR
The legal document a student loan borrower must sign when he/she receives a loan. This document lists the terms for repayment of the loan, including interest. Promissory Note
This type of college or university is NOT run by the state and is generally smaller and more expensive. Private
The office at a college that is in charge of your financial aid, bills, and payments (HINT: It starts with the letter “b”). Bursar
The total cost to attend college before financial aid, including tuition and fees, room and board, books and supplies, and other living expenses (Hint: Acronym is “COA”). Cost of Attendance
A program that allows students to take a part-time campus job as part of their financial aid package. Work Study
Colleges/universities that are ran and regulated by the state or federal government. Public
The general term for money you borrow from the government, a bank or another source that need to be paid back, usually over an agreed period of time. Loan
Generally, a student that is taking more than 12 credit hours of classes is considered to be a _______ student versus part time student. Fulltime
The period of time following graduation when a student is NOT expected to start paying his/her loans back yet is known as a “______ period.” Grace
What we wish grew on trees!! Money
A kind of "gift aid" — financial aid that doesn’t have to be paid back and that is usually awarded based on financial need. Grant
The name of the official document that your high school guidance counselor will send to your colleges that lists the classes that you have taken and your grades. Transcript

Financial Literacy Word Search

Type
Word Search
Description

minimum payment
lender
late fee
interest
grace period
delinquency
credit score
credit report
credit limit
credit card
collection account
borrower
annual percentage rate
annual fee
withdrawal
transfer
transaction
service charge
overdraft
online banking
minimum balance
financial institution
direct deposit
deposit
debit card
credit union
checking account
Check register
Balance
ATM

Banking Vocabulary Crossword

Type
Crossword
Description

A record of transactions, usually sent monthly statement
Automatic Teller Machine ATM
Take money out of an account withdraw
Annual Percentage Rate APR
Functions like a check Debitcard
When you take more money from account than you have overdraft
Written order to a bank to pay out an amount from your account check
Money borrowed from a bank to be repaid with interest Loan
Money paid for the use of money lent to borrower interest
the amount in account after transactions are totalled balance
Another word for money deducted from account debit
An account that pays you interest to keep your money in it Savings
An account you access with checks checking
A loan to buy a house Mortgage

fundamental of accounting Crossword

Type
Crossword
Description

Revenue,expenses and net incom/loss are show on INCOMESTATEMENT
Credit recorded when a company purchase inventory on credit from vendors or supplies. ACCOUNTS PAYABLE
A long-term contract to borrow money from a creditor. NOTEPAYABLE
Initial investments made by owners like stock purchases or partnership buy-ins. CAPITAL
A creditor's claim on a company' assets. LIABILITY
Miscellaneous assets that are entire in product production that are too small and inexpensive to capitalize. SUPPLIES
An asset that arises from selling goods or services to someone on credit. RECEIVABLE
A subsection of the general field of accounting that focuses on gathering and compiling data in order to present it to external users in a usable form. FINANCIAL
Entry on the left side of an account. DEBIT
A written promise to repay money. NOTESRECEIVABLE
Assets earned by a company's operations and business activities. REVENUES
Entry on the right side of an account. CREDIT
A resource that is owned or controlled by a company that can be used to provide a future economic benefit. ASSET
The _______ ________ statement summarizes how changes in balance sheet accounts affect the cash account during the accounting period. CASHFLOW
The report that shows a company's financial position based on its assets, liabilities, and equity at a single moment in time. BALANCESHEET
A report that shows the income, expenses, and resulting profits or losses of a company during a specific time period INCOME
Accounts listed last on the balance sheet. EQUITY
He is know as father of accounting PACIOLI
When expenses are greater that revenue you have a? netloss
Money received in advance for services to be performed in the future are reported on the balance sheet as deferred revenues, _________________ revenues, or as customer deposits. UNEARNED
The accounts in this balance sheet classification are credited to increase them LIABILITIES
The difference between a sole proprietorship's total assets and its total liabilities is ___________'s equity. OWNER
Coins,Currencies,checks,bank deposit this is under of____? cash
This is represent the unsold goods at the end of the accounting period? inventories
. Amounts owned to other for expenses already incurred but not yet paid?? accruedincome
Liability to pay the bank or other financing institution arising from funds borrowed by the business from these institution payable within twelve or shorter. loanpayable
assets held by an enterprise for the accretion of wealth non-current-assets
Accepts deposits from people and busniesses and use them to finance their business deposit
Plans incomes and expenses startupbudget
The _________________ entries come from the worksheet adjusting
An example of Revenue is sales
When you owe money payable
The fourth step in the accounting cycle is ? worksheet
This affects owners equity drawing
The ___________________ entries are done at the end of every month closing
charge for using money until repaid at a future date interest
income statement, balance sheet, statement of changes in owner’s equity, and statement of cash flows financialstatement
In accounting at least ____________ accounts are affected in a transaction two
Sales minus expenses net income
A debt evidenced by a "note" which specifies the principal amount, interest rate and date of repayment loan
A written cash flow plan budget

Buying a House Crossword

Type
Crossword
Description

In which owners own just their individual unit, and a group or association owns the common areas such as green space and recreation facilities. Condominums
A sum of money that you pay at closing down payment
A legal document that uses property to secure a loan Mortgage
A mortgage in which the interest rate remains the same throughout the life of the loan Fixed rate mortgage
A free-standing residential building meant for one family to occupy Single family home
equal to 1% of the amount of a loan Point
Additional costs paid by the borrower when buying or refinancing a home Closing costs
value of your ownership equity
must pay if their equity is less than 20% of the home’s value PMI
A type of mortgage in which the interest rate can vary at certain points in the life of the mortgage Adjustable rate