Unit 4 NEFE

Ms. McNulty (United States of America)
12 words 0 learners

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Answer a few questions about each word. Use this to prep for your next quiz! Compete with other teams in real time to see who answers the most questions correctly! Test your spelling acumen. Read the definition, listen to the word and try spelling it!

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Create and assign quizzes to your students to test their vocabulary. Assign learning activities including Practice, Vocabulary Jams and Spelling Bees to your students, and monitor their progress in real-time.

Full list of words from this list:

words only definitions & notes
  1. installment loan
    a loan repaid with interest in equal periodic payments
  2. credit card
    a card (usually plastic) that assures a seller that the person using it has a satisfactory credit rating and that the issuer will see to it that the seller receives payment for the merchandise delivered
  3. principal
    the original amount of debt on which interest is calculated
    Bond yields are up, but buying now risks losses to principal in coming months.
  4. interest
    a fixed charge for borrowing money
    Financial firms could also take advantage of different interest rates and currency values inside and outside of the zone to turn a quick buck.
  5. origination fee
    a fee charged to a borrower (especially for a mortgage loan) to cover the costs of initiating the loan
  6. term
    a limited period of time during which something lasts
  7. default
    loss resulting from failure of a debt to be paid
    A hike in your interest rate if you are late on a loan payment.
  8. collateral
    a security pledged for the repayment of a loan
    Drivers falling behind on an auto loan, for example, will eventually find themselves without wheels — the car is the collateral. 
  9. capital
    wealth in the form of money or property
    Efforts to raise new capital by selling stakes in oil and gas fields has also stalled.
  10. capacity
    capability to perform or produce
  11. character
    attributes that determine one's moral and ethical actions
  12. credit bureau
    a private firm that maintains consumer credit data files and provides credit information to authorized users for a fee
Created on 九月 30, 2013 (updated 十月 1, 2013)

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