Vocab Ch. 1
12th Grade
•17 Qs
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Vocab Ch. 1
Quiz
•
Business
•
12th Grade
•
Practice Problem
•
Easy
Andrew Trewin
Used 64+ times
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17 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
an expression used to describe a person or household whose monthly income is devoted to expenses and has little to no savings
Paycheck to Paycheck
Personal Finance
Credit
Debt
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
money owed to another person or company
money owed to another person or company
Investment
Debt
Credit
Consumer
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a person or organization that uses a product or service
Financial Plan
Loan Shark
Interest
Consumer
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
all the financial decisions an individual or family must make in order to earn, budget, save, spend, and give money over time
Financial Plan
Financial Literacy
Personal Finance
Loan Shark
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
he granting of a loan and the creation of debt; any form of deferred payment
Credit
Debt
Mortgage
Investment
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the percentage of principal charged by the lender for use of its money
the percentage of principal charged by the lender for use of its money
Interest Rate
Interest
Loan Shark
Net Worth
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
person or entity that charges borrowers interest rates above an established legal rate
person or entity that charges borrowers interest rates above an established legal rate
Mobster
Consumer
Mortgage Broker
Loan Shark
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