, Business - Finance II of VI pages
Circle the letter of the Definition that corresponds to the displayed Term.
1. Fixed Rate Interest
A: Fair Isaac Credit Organization; credit score used by most lenders
B interest rate does not fluctuate during the fixed rate period of the loan
C: total holdings of the securities, commercial paper, etc. of a financial institution or private investor
D: interest rate may fluctuate up or down during the term of the loan
2. Net Worth
A: amount of money paid to a customer for money on deposit with a financial institution, or the amount of
B: when a potential lender buys a copy of one’s credit history to determine whether or not he/she is
C total assets minus liabilities or debt
D: numerical expression based on a statistical analysis of a person’s credit files; represents
in a person, which is the likelihood he/she will pay debts in a timely manner; primarily based on credit
3. Credit Score
A: ownership of a corporation indicated by shares which represent a piece of the corporation’s assets and
B: retail goods which have a high selling price in comparison to other items
C: Fair Isaac Credit Organization; credit score used by most lenders
D numerical expression based on a statistical analysis of a person’s credit files; represents
in a person, which is the likelihood he/she will pay debts in a timely manner; primarily based on credit
4. Collateral
A: money paid to the bank or mortgage company to cover expenses of processing a loan application
B: debt securities issued by a corporation or unit of government to raise money
C: Fair Isaac Credit Organization; credit score used by most lenders
D property acceptable as security for a loan or other obligation
5. Depositor
A person who deposits money in a bank or who has a bank account
B: total assets minus liabilities or debt
C: APR; annual rate of interest
D: total holdings of the securities, commercial paper, etc. of a financial institution or private investor
6. Portfolio
A: when a potential lender buys a copy of one’s credit history to determine whether or not he/she is
B: retail goods which have a high selling price in comparison to other items
C total holdings of the securities, commercial paper, etc. of a financial institution or private investor
D: total assets minus liabilities or debt
Business - 2024/25 2024/2025 Edition
Circle the letter of the Definition that corresponds to the displayed Term.
1. Fixed Rate Interest
A: Fair Isaac Credit Organization; credit score used by most lenders
B interest rate does not fluctuate during the fixed rate period of the loan
C: total holdings of the securities, commercial paper, etc. of a financial institution or private investor
D: interest rate may fluctuate up or down during the term of the loan
2. Net Worth
A: amount of money paid to a customer for money on deposit with a financial institution, or the amount of
B: when a potential lender buys a copy of one’s credit history to determine whether or not he/she is
C total assets minus liabilities or debt
D: numerical expression based on a statistical analysis of a person’s credit files; represents
in a person, which is the likelihood he/she will pay debts in a timely manner; primarily based on credit
3. Credit Score
A: ownership of a corporation indicated by shares which represent a piece of the corporation’s assets and
B: retail goods which have a high selling price in comparison to other items
C: Fair Isaac Credit Organization; credit score used by most lenders
D numerical expression based on a statistical analysis of a person’s credit files; represents
in a person, which is the likelihood he/she will pay debts in a timely manner; primarily based on credit
4. Collateral
A: money paid to the bank or mortgage company to cover expenses of processing a loan application
B: debt securities issued by a corporation or unit of government to raise money
C: Fair Isaac Credit Organization; credit score used by most lenders
D property acceptable as security for a loan or other obligation
5. Depositor
A person who deposits money in a bank or who has a bank account
B: total assets minus liabilities or debt
C: APR; annual rate of interest
D: total holdings of the securities, commercial paper, etc. of a financial institution or private investor
6. Portfolio
A: when a potential lender buys a copy of one’s credit history to determine whether or not he/she is
B: retail goods which have a high selling price in comparison to other items
C total holdings of the securities, commercial paper, etc. of a financial institution or private investor
D: total assets minus liabilities or debt
Business - 2024/25 2024/2025 Edition
