UNIT 5 MIDTERM

Front

loan

Back

debt or borrowing

Front

credit rating

Back

a score that represents a borrower’s creditworthiness

Front

credit limit

Back

the maximum amount a person can borrow on a credit account

Front

debt finance

Back

raising money by borrowing rather than selling shares

Front

equity finance

Back

raising capital through the sale of shares

Front

bondholder

Back

a person or institution that owns a bond issued by a borrower

Front

government bonds

Back

bonds issued by the government to raise funds

Front

corporate bonds

Back

bonds issued by companies to raise capital

Front

stock market

Back

a marketplace for buying and selling shares

Front

maturity date

Back

the date on which a financial obligation must be repaid