Financial Literacy Terms Crossword Puzzle

QUESTIONS LIST:

• entrepreneur: one who takes risk and initiative to set up their own business
• corporation: _ tax is paid on business profits
• gross pay: amount of pay you ear before any deductions are made
• tax credit: these are taken away from the tax amount you owe
• net pay: amount of pay you take home after all deductions
• risk: an entrepreneur must be will to take this in order to set up a business
• interest bearing: this type of checking account pay customers interest
• endorse: to designate oneself as the payee by signing a check
• check: a written order used to tell a bank to pay money from an account to a check holder
• eft: electronic funds transfer
• payee: a check written to this person
• insufficient funds: not enough money in the account to cover the check
• single: this type of account one person can make withdrawals
• joint: this type of account are owed by more than one person
• budget: the amount of money you allocate to pay for items
• money: everything you need, want or do requires what
• withdrawal: when you take money out of your bank account
• balance: the amount of money you have available in your account
• pin: person identification number