Save
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account. Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

argylls 8 cbking

TermDefinition
credit receive cash, goods or services now and pay for them on a later date.
consumer credit A debt that someone incurs for the purpose of purchasing a good or service.
creditor a person or company to whom money is owed.
closed-end credit is a type of credit that should be repaid in full amount by the end of the term
open-end credit A pre-approved loan between a financial institution and borrower that may be used repeatedly up to a certain limit
line of credit an amount of credit extended to a borrower.
grace period a period of time after a payment becomes due
finance charge is any fee representing the cost of credit
net income is an entity's income minus cost of goods sold, expenses and taxes for an accounting period.
annual percentage rate a single percentage number that represents the actual yearly cost of funds over the term of a loan
collateral something pledged as security for repayment of a loan
simple interest A quick method of calculating the interest charge on a loan.
minimum monthly payment is the lowest amount of money that you are required to pay on your credit card statement each month
credit rating an estimate of the ability of a person or organization to fulfill their financial commitments, based on previous dealings.
cosigning The act of signing for another person's debt which involves a legal obligation made by the cosigner
bankruptcy the state of being bankrupt.
finance the management of large amounts of money
title a name that describes someone's position or job
portion to have tastes way out of proportion to one's financial means
pledged give as security on a loan.
Created by: Cbking
Popular Finance sets
Economic Activites
Goals and Decisions
Basic of Taxes
Consumer rights and responsibilities
Career Choices
Lifestyles and Stages of Life
shopping options and practices
Savings And Investing
Researching Job/Career Options
Protecting Your Financial Security
Transportation Options
Consumer Information

 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards