AC 19- Matching
The price of credit to a borrower |
Certificate of Deposit (CD) |
A savings account that a depositor pays a certain amount
with a fixed interest rate for a certain period of time |
price for insurance that must be paid monthly, quarterly or annually |
payment made for the use of borrowed money |
a situation in which the outcome is not certain, but the probabilities can be
estimated |
amount paid before insurance can be paid |
person who buys or sells securities for investors |
a loan that is backed up with collateral |
Dollars that become available for investors to use when others save |
unincorporated business owned and run by a single person who has rights to all profits and unlimited liability for all debts of the firm; |
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