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2.03 Vocabulary Homework

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Across
2.The amount you could realistically sell an asset for today
3.Money received
4.A measure of financial wealth and indicates the monetary value of all possessions that a person or household owns
9.Personal property that was purchased to create lifestyle or improve life
10.financial asset purchased with the hope that they will generate income and appreciate in value
11.Items of Monetary value a person or household owns
Down
1.A financial statement that describes an individual or family's financial condition on a specified date
5.Assets that can be quickly and easily converted to cash
6.A debt or obligation owed to others
7.Money spent
8.A measurement of how much a person or household owns once all debts have been paid

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