Anything that is purchased with the hope that it will generate income or be more valuable at a future date.
Finance

Quiz
•
6th - 8th Grade
•
Medium
Virginia Altman
Used 1K+ times
FREE Resource
11 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
investment
loan
income
expense
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Comparing the cost of two or more goods or services in an effort to find the best value.
interest
investment
Cost Benefit Analysts
Cost Comparison
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money borrowed from a bank.
dept
loan
budget
expense
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The ability to borrow money. The borrower is expected to pay back a minimum amount each month in addition to any interest added.
interest
interest rate
budget
credit
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cost paid to secure a good or service.
expense
income
dept
interest
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The fee for borrowing and using someone else's money.
expense
interest
interest rate
income
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Payment received for goods or services, including employment.
interest
dept
credit
income
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