Section 25.1 and 25.2 Madi Gordon
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| an agreement to obtain money, goods, or services now in exchange for a promise to pay in the future. | Credit
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| lends money or provides credit | Creditor
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| borrows money or uses credit | Debtor
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| Creditors charge a fee for using their money | Interest
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| Credit used by business | Commercial Credit
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| a measure of a person's ability and willingness to pay debts on time | Credit Rating
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| credit provided by a store or company for customers to buy its products | Charge Account
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| Loans repaid in regular payments over a period of time | Installment Loans
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| something of value the bank can take if a borrower does not make the required loan payments | Collateral
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| Type of credit used by people for personal reasons | Consumer Credit
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| of or relating to soldiers, arms, or war | military
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| to play a significant part in bring about an end or result | contributes
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| continually occuring or recurring | constantly
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| to pledge or assign | committed
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| present or ready for immediate use | available
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| occurring or happening every year or once a year | annual
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| a series of things in a line | range
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| an alternative course of action; a choice | options
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| the point where you cannot charge any more | Credit limit
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| based on the value of something you own that is left with a pawnbroker as security against money borrowed. | Pawnshop
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| short-term loans until payday | Payday advance service
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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