Micro Enterprise Credit Vocabulary

Micro Enterprise Credit Vocabulary

11th - 12th Grade

17 Qs

quiz-placeholder

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Micro Enterprise Credit Vocabulary

Micro Enterprise Credit Vocabulary

Assessment

Quiz

Other

11th - 12th Grade

Practice Problem

Medium

Used 122+ times

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17 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Something of value

liability

asset

debt

equity

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Cash, publicly traded stocks, government bonds or corporate bonds that can be quickly turned into cash

dividend

asset

cash instrument

maturity

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Equipment, inventory or other goods that are pledged to the bank in the case the company can not make a loan payment

mortgage

securities

share

collateral

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money earned when something is sold. It is usually stated as a percentage

commission

collateral

liquid asset

liability

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person or a business with a strong credit score and the financial resources that make it like they will be able to pay any loan.

collateral

dividend

credit-worthy

net income

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money paid by a company to a person who owns stock in that company.

liquid assets

assets q

dividend

mortgage

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An obligation you have to pay someone else money.

asset

commissions

lien

liability

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