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Gr7Unit 2part3
| Question | Answer |
|---|---|
| destitute | very poor |
| colleague | a person who works with others |
| fiscal | having to do with money or financial matters |
| mortgage | a loan in which a pledge of property is given as a guarantee that the loan will be repaid |
| default | to fail to repay a debt or fulfill an obligation |
| collateral | somthing of value given to a lender of money as a guarantee that the loan will be repaid |
| investment | something that is bought to earn money |
| opulence | great riches or wealth |
| appreciate | to rise in value or price |
| depreciate | to lose value or drop in price |