
Credit - Vocabulary
Quiz
•
History
•
7th Grade
•
Practice Problem
•
Hard
Colyn [Brinley MS]
Used 8+ times
FREE Resource
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A thing that is borrowed, usually a sum of money
Principal
Repayment Plan
Checking Account
Loans
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money paid regularly at a particular rate for the use of money lent
Credit
Repayment Plan
Interest
Loans
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The trust that lets people give things (like goods, services or money) to other people in the hope they will repay later on
Interest
Transaction
Repayment Plan
Credit
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A card issued by a bank, allowing you to purchase goods or services on credit
Debit Card
Credit Score
Checking Account
Credit Card
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A card issued by a bank allowing the holder to transfer money electronically to another bank account when making a purchase.
Checking Account
Debit Card
Credit Card
Repayment Plan
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A bank account that earns interest
Savings Account
Credit Score
Interest Rate
Debit Card
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A way to pay back a loan over an extended period of time, generally by making fixed monthly payments
Credit Card
Interest
Repayment Plan
Credit Card
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