Chapter 10 Vocab
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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Bank Financing | show 🗑
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show | One who signs a document of debt (such as a promissory note) agreeing to satisfy the debt of another (the debtor) only if and when the debtor fails to repay the debt.
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show | The person or party to whom money is owed
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show | A report evaluating an individual’s past repayment history as to loans, mortgages, credit cards, student loans and any other forms of installment debt.
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Debtor | show 🗑
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Equity | show 🗑
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Guaranty | show 🗑
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show | Legal permission to own or operate something of a business nature
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show | The material value of a person measured by subtracting all this person owes from the value of all this person owns.
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Personal Finance Statement | show 🗑
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Self-Employment Tax | show 🗑
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show | A form of federal loan guarantee that operates in a way similar to that of a co-signer. SBA guaranteed loans have enabled many entrepreneurs access to needed capital when banks are not fully confident of the lender’s ability to repay the loan.
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show | A method of financing a business by using one’s own personal capital.
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Unemployment Tax | show 🗑
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Working Capital | show 🗑
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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