en CR Chapter 1: Overview of the Financial Services Industry 23 accountant:Person responsible for recording monies going in and out of a business, correcting errors and improving profits. bookkeeping:Function that records the day to day financial operations of a business. principal:The amount of the loan. interest:Fee charged by a lender on money that has been borrowed. insurance:Protection against unforeseen events. lending:Service that provides money to people who need more money than they currently have. security:Another name for collateral. encumbered:Means that an asset can be seized by a lender and sold to recover unpaid debts. mercantile:Management service involved in commercial and personal debt recovery. superannuation:Method of saving for retirement. banking:One of the largest providers of financial services, this industry sector manages personal and commercial funds as well as lending money to borrowers. account:Facility where people can make deposits and in some cases get paid interest creditunion:Similar to a bank except members rather than shareholders are owners. (two words 6,5) financialplanning:Service that provides advice to individuals on investing, superannuation and retirement etc. (two words 9,8) managedinvestment:Financial product that gives smaller investors access to a wider range of investment options by pooling funds. (two words 7,10) broker:'Middle man' who acts as a go-between for a buyer and seller. conveyancing:Process of transferring property title from one person to another. riskmanagement:Industry sector that analyses and assesses potential risks to an organisation and attempts to avoid or reduce their impact. (two words 4,10) lossadjusting:Involved in validating potential insurance claims and estimating damages. (two words 4,9) workerscompensation:Compulsory insurance paid by employers to protect workers injured at work. (7,12) financialmarkets:Place where financial securities and commodities can be bought and sold. (two words 9,7) pds:Document that was formerly known as a prospectus. (abbv) annualreport:Document prepared by large company that outlines its financial activities for the period. (two words 6,6) capitalgain:Term used when an asset is sold for more than its purchase price. (two words 7,4)

Chapter 1: Overview of the Financial Services Industry

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Across:

1.	Method of saving for retirement.
3.	Service that provides advice to individuals on investing, superannuation and retirement etc. (two words 9,8)
6.	Function that records the day to day financial operations of a business.
7.	Person responsible for recording monies going in and out of a business, correcting errors and improving profits.
8.	'Middle man' who acts as a go-between for a buyer and seller.
11.	Involved in validating potential insurance claims and estimating damages. (two words 4,9)
13.	Protection against unforeseen events.

15.	One of the largest providers of financial services, this industry sector manages personal and commercial funds as well as lending money to borrowers.
17.	Facility where people can make deposits and in some cases get paid interest
18.	Service that provides money to people who need more money than they currently have.
19.	Compulsory insurance paid by employers to protect workers injured at work. (7,12)
20.	Similar to a bank except members rather than shareholders are owners. (two words 6,5)
21.	Document that was formerly known as a prospectus. (abbv)
22.	Process of transferring property title from one person to another.

Down:

1.	Another name for collateral.
2.	The amount of the loan.
4.	Term used when an asset is sold for more than its purchase price. (two words 7,4)
5.	Financial product that gives smaller investors access to a wider range of investment options by pooling funds. (two words 7,10)
9.	Industry sector that analyses and assesses potential risks to an organisation and attempts to avoid or reduce their impact. (two words 4,10)

10.	Document prepared by large company that outlines its financial activities for the period. (two words 6,6)
12.	Fee charged by a lender on money that has been borrowed.
14.	Means that an asset can be seized by a lender and sold to recover unpaid debts.
16.	Management service involved in commercial and personal debt recovery.

Chapter 1: Overview of the Financial Services Industry

Across:

1.	Method of saving for retirement.
3.	Service that provides advice to individuals on investing, superannuation and retirement etc. (two words 9,8)
6.	Function that records the day to day financial operations of a business.
7.	Person responsible for recording monies going in and out of a business, correcting errors and improving profits.
8.	'Middle man' who acts as a go-between for a buyer and seller.
11.	Involved in validating potential insurance claims and estimating damages. (two words 4,9)
13.	Protection against unforeseen events.

15.	One of the largest providers of financial services, this industry sector manages personal and commercial funds as well as lending money to borrowers.
17.	Facility where people can make deposits and in some cases get paid interest
18.	Service that provides money to people who need more money than they currently have.
19.	Compulsory insurance paid by employers to protect workers injured at work. (7,12)
20.	Similar to a bank except members rather than shareholders are owners. (two words 6,5)
21.	Document that was formerly known as a prospectus. (abbv)
22.	Process of transferring property title from one person to another.

Down:

1.	Another name for collateral.
2.	The amount of the loan.
4.	Term used when an asset is sold for more than its purchase price. (two words 7,4)
5.	Financial product that gives smaller investors access to a wider range of investment options by pooling funds. (two words 7,10)
9.	Industry sector that analyses and assesses potential risks to an organisation and attempts to avoid or reduce their impact. (two words 4,10)

10.	Document prepared by large company that outlines its financial activities for the period. (two words 6,6)
12.	Fee charged by a lender on money that has been borrowed.
14.	Means that an asset can be seized by a lender and sold to recover unpaid debts.
16.	Management service involved in commercial and personal debt recovery.