Busy. Please wait.

show password
Forgot Password?

Don't have an account?  Sign up 

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.
We do not share your email address with others. It is only used to allow you to reset your password. For details read 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.
Don't know
remaining cards
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the "Know" box, the DOWN ARROW key to move the card to the "Don't know" box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

"Know" box contains:
Time elapsed:
restart all cards
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

chapter 18


installment credit customers agree to make a stated number of payments over a fixed period of time and at a specified interest rate
revolving credit combines the features of a store credit card and installment credit
debit card immediately transfers funds electronically from the customers's checking account to the business's account when a purchase is made
smart card a plastic card with an embedded microprocessor that can store and process a large amount of information
character a measure of a person's sense of financial responsibility or personal belief in the obligation to pay debts
capacity a measure of earning power and reflects the person's potential to pay, based on current income and other financial obligations
capital a measure of credit applicant's current financial worth or ability to pay based on assets
conditions an assessment of the economic environment, such as the economic health of a community or the nation and the extent of business competition
no-fault insurance each insurance company is required to pay the losses of its insured when an accident occurs, regardless of who is responsible
health insurance provides protection against the expenses of individual health care
disability insurance offers payments to employees who are not able to work because of accidents or illnesses
life insurance pays money upon death of insured person to a person or persons identified in the policy
liability insurance protects against the losses from injury to people or property that result from the products
malpractice insurance type of liability insurance that protects against financial loss arising from suits for negligence in providing professional services
bonding pays damages to people whose losses are caused by the negligence or dishonesty of an employee or by the failure of a business to complete a contract
Created by: HannahHamric