Shared Flashcard Set

Details

financial managment
financial management
6
Other
Undergraduate 2
04/09/2011
Click here to study/print these flashcards.

Create your own flash cards! Sign up here.

Additional Other Flashcards

 

 

Cards

Term
debt
 Definition
Amount owed
Term
secured Loan
 Definition
A loan in which something of value has been pledge to insure payment of the loan
Term
consumer finance company
 Definition
A company that specializes in granting small laons to insure repayment of the loan
Term
APR
 Definition
The yeatly rate paid for the use of money
Term
installment loan
 Definition
Legal contract giving a lender permission to acquire ownership of real estate if the loan is not repaid
Term
finance charge
 Definition
cost of using borrowed money, which may include loan fees, credit insurance, interest, ect.
Supporting users have an ad free experience!