Financial Terms

Financial Terms

10th Grade

16 Qs

quiz-placeholder

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Financial Terms

Financial Terms

Assessment

Quiz

Social Studies, Specialty

10th Grade

Medium

Created by

Andrew Petraska

Used 10+ times

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16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the right or ability to buy things now but not pay until later called?

Credit

Savings

Copay

Budget

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is something owed to another person.

Debt

Investment

Debit

Savings

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is an amount of money taken out of or owed on an account.

Debt

Investment

Debit

Savings

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is money that is paid for the use of another person's money.

Debt

Investment

Debit

Interest

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the amount of money that someone can spend during a certain time or for certain purposes.

Budget

Mortgage

Loan

Bond

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is a written agreement by which an institution, such as a bank, agrees to lend money so you can buy a property.

Budget

Mortgage

Loan

Bond

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is money or something else that is borrowed or lent.

Budget

Mortgage

Loan

Bond

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