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Student Loans

Authored by Paulina Quintero

Other, English

University

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Student Loans
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9 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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What is the meaning of loan?

money that an organization such as a bank lends and somebody borrows.

an organization that provides various financial services.

the money that you pay to be taught, especially in a college or university.

an institution at the highest level of education where you can study for a degree or do research.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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What is the meaning of Tuition?

an institution at the highest level of education where you can study for a degree or do research.

a sum of money that somebody owes.

the money that you pay to be taught, especially in a college or university.

the extra money that you pay back when you borrow money or that you receive when you invest money.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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What is the meaning of Recession?

the relationship between production, trade and the supply of money in a particular country or region.

a difficult time for the economy of a country, when there is less trade and industrial activity than usual and more people are unemployed.

the activity of buying and selling or of exchanging goods or services between people or countries.

money used to run a business, an activity or a project.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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What is the meaning of Wage?

a regular amount of money that you earn, usually every week or every month, for work or services.

a system that provides something that the public needs, organized by the government or a private company.

what you earn by working or selling things, and use to buy things.

the act of investing money in something.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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What is the meaning of Funds?

an amount of money that has been saved or has been made available for a particular purpose.

the amount that is left after taking numbers or money away from a total.

an arrangement that you make, with a shop for example, to pay later for something you buy.

the action of delaying something until a later time.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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What is the meaning of Wage Garnishment?

a sum of money that somebody owes.

the extra money that you pay back when you borrow money or that you receive when you invest money.

the total amount of money that the government of a country owes.

a legal procedure in which a person's earnings are required by court order to be withheld by an employer for the payment of a debt such as child support.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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What is the meaning of Deferment?

an organization that provides various financial services, for example keeping or lending money.

an organization that provides various financial services, for example keeping or lending money.

the action of delaying something until a later time.

what you earn by working or selling things, and use to buy things.

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