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WorksheetsFinancial providers U2 T1
Total questions: 9
Worksheet time: 5mins
A for-profit proprietary financial institution owned by its shareholders is known as a...
credit union.
building society
bank.
investment company.
A financial provider owned by its members, some of whom will be customers saving and borrowing from it is known as...
a bank.
a building society.
an insurance company.
the government.
In the UK, banks have been around for...
over 30 years.
over 300 years.
thousands of years.
a short time.
in the UK, building societies have been around for ...
almost 250 years.
thousands of years.
a century.
a short time.
Managing day-to-day money to pay bills, buy food, save and pay for other essential spending is known as ...
emergency fund.
budgeting
net income.
banking.
A form of borrowing offered by banks, building societies and some specialist firms. It allows the cardholder to borrow money by paying for things using the card is known as...
mortgage.
capital.
emergency fund.
credit card.
A pot of money that can be used to cover emergencies, such as unexpected spending, loss of income or other unexpected financial problems is called...
personal loan.
net income.
gross income.
emergency fund.
A loan to help people buy houses or flats. They are offered mainly by banks and building societies and can last for up to 30 years is called...
personal loan.
credit card.
emergency fund.
mortgage.
A target; something that the individual wants or needs to achieve is known as...
income.
tax.
bill
objective.
