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