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Q3 Key Vocabulary Test

Q3 Key Vocabulary Test

Assessment

Flashcard

Business

9th Grade

Practice Problem

Easy

Created by

Jennifer Florian

Used 1+ times

FREE Resource

Student preview

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30 questions

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1.

FLASHCARD QUESTION

Front

Property pledged to assure repayment of a loan.

Back

collateral

2.

FLASHCARD QUESTION

Front

A person or business that loans money to others.

Back

capacity

3.

FLASHCARD QUESTION

Front

A timeframe within which you may pay your current balance in full and incur no finance charges.

Back

grace period

4.

FLASHCARD QUESTION

Front

An itemized bill showing charges, credits, and payments posted to your account during the billing period.

Back

billing statement

5.

FLASHCARD QUESTION

Front

A written statement of a consumer's credit history.

Back

credit report

6.

FLASHCARD QUESTION

Front

A determination that you are a good credit risk.

Back

credit worthy

7.

FLASHCARD QUESTION

Front

An amount typically charged by an ATM that does not belong to your own bank.

Back

ATM Fee

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