MONEY

What term refers to a predetermined amount of money that a borrower receives and must repay in regular intervals, often with interest?

• • A) Donation

• • B) Lump sum

• • C) Installment

• • D) Savings

Which phrase is used to describe someone who spends money extravagantly and irresponsibly?

• • A) Tight-fisted

• • B) Spends money like water

• • C) Good deal

• • D) More money than sense

What term represents the sum of money set aside for future use, typically as a safety net or for specific goals?

• • A) Charge down

• • B) Grant

• • C) Savings

• • D) Loan

Which expression is used to describe a situation where an individual cannot cover their basic expenses with the income they have?

• • A) Can’t make ends meet

• • B) Fine

• • C) Cost a fortune

• • D) Will

What term refers to the amount of money charged by a lender for borrowing money, often expressed as a percentage of the total borrowed amount?

• • A) Fare fees

• • B) Overdraft

• • C) Payment

• • D) Loan

Which phrase is used to describe someone who is excessively careful or unwilling to spend money?

• • A) Money than sense

• • B) Tight-fisted

• • C) Charge down

• • D) Donation

What term refers to a large sum of money paid at once, instead of in smaller amounts over time?

• • A) Grant

• • B) Lump sum

• • C) Installment

• • D) Money than sense

Which phrase is used to describe a situation where an expense is excessively expensive?

• • A) Cost a fortune

• • B) Good deal

• • C) Will

• • D) Spending money like water

What term refers to the legal document that specifies a person's wishes regarding the distribution of their property and assets after death?

• • A) Payment

• • B) Donation

• • C) Will

• • D) Fine

Which phrase is used to describe someone who has a lot of money but spends it in a careless or extravagant manner?

• • A) More money than sense

• • B) Good deal

• • C) Donation

• • D) Charges down