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Money Matters: Debts, Loans & Credit Quiz

  •  English    22     Public
    credit cards, loans and debts
  •   Study   Slideshow
  • What does expense mean?
    Money you borrow
    Money you spend
    Money you earn
    Money you save
  •  15
  • A mortgage is
    Extra money paid on a loan
    A monthly expense
    Money you borrow to buy a house
    Money you give to a friend
  •  15
  • Day care is:
    A program that gives children educational credit points
    A short-term loan to pay for daily expenses
    A type of bank account for saving money
    A service where parents leave their children for supervision
  •  15
  • If a business is in the red, it means:
    They have extra assets
    They are losing money / in debt
    They are fishing
    They are profitable
  •  15
  • An asset is:
    A bank fee
    Something valuable you own
    Money you owe
    A type of debt
  •  15
  • If you can afford something, you:
    Cannot pay for it
    Can pay for it
    Lend it to someone
    Borrowed it
  •  15
  • Interest is:
    Extra money you pay or earn
    A reward
    The main money you borrowed
    Your balance
  •  15
  • To rack up something means:
    Pay it back
    Lose it
    Accumulate or increase
    Borrow it
  •  15
  • To pay off a loan means:
    Borrow it
    Accumulate it
    Transfer it
    Repay it completely
  •  15
  • If something is booming, it is:
    Expensive
    A transaction
    In debt
    Very successful or growing fast
  •  15
  • Retail means:
    Borrowing money
    Selling goods directly to customers
    Buying stocks
    Paying interest
  •  15
  • Balance in an account is:
    Interest paid
    Money left in your account
    Asset value
    Money you owe
  •  15
  • The minimum payment is:
    The largest amount you can pay
    The smallest amount you must pay
    The extra money you pay for using credit
    The bonus points you earn for making a payment
  •  15
  • A reward is:
    An asset
    A gift
    A debt
    A bank fee
  •  15
  • To transfer money means:
    Accumulate debt
    Pay interest
    Borrow money
    Move money from one account to another
  •  15
  • Approval is:
    A type of loan
    A fee
    An acceptance
    A balance
  •  15