A: What is __________ in this agreement? B: It means we check all company details before we invest. [Careful research before making a financial decision.]
Due diligence
A: What is the __________ for this credit card? B: It’s 19.5% per year. [The yearly interest you pay on a loan or credit.]
Annual percentage rate
A: What are __________ on this report? B: They are things like cash, stock, or short-term investments. [Things a business owns that can be used or sold soon.]
Current assets
A: Is this loan with a fixed or __________? B: It changes over time depending on the market. [A loan where the interest can go up or down.]
Adjustable rate
A: Does this mortgage have a fixed or __________? B: It can change every year. [Interest rate that is not the same every month or year.]
Variable interest rate
A: Do I need to give __________ to get this loan? B: Yes, we need your car or house as security. [Property you offer to the bank in case you can’t repay a loan.]
Collateral
A: Why is there a __________ on this car? B: Because the bank still owns part of it until the loan is paid. [Legal claim the bank has on something until it’s fully paid.]
Lien
A: What does __________ mean on this document? B: It shows how the value of the company is built from investments. [The total value of a company from shares or assets.]
Capitalisation