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What do yuo know about finance?
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Explain the difference between pay off and pay back a loan
Completed vs in progres
What does it mean to default on a loan
not to pay
What is a tax break?
Tax relief
What does cash advance mean?
Money taken before carrying out the service
Explain the difference between revenue vs profit
Total amount of income. Profit remains after paying all the expenses
rent, electricity bills, administrative costs are all examples of o...........................
overheads
Difference between shares and bonds
shares return depends on profit. Bonds return guaranteen
Difference between tangible vs intangible assets
physical vs non exsisting
What does depreciation mean?
Reduction in the value of an asset over a period of time
What does an overdraft mean?
Allowing customers to take out more money ffrom the bank than they had in it
What are instalments
equal usually monthly payments to pay off you loan
What is a bear market?
Shares fall down - opposite of bull market
Main difference credit card vs debit card
Credit allows for an overdraft
What do sharehoder get when the company makes a profit?
Dividend
What does it mean that a company goes public?
listed at a stock exchange
What does cryptomining mean?
Process of validating a cryptocurrency transaction(blockchain)
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