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Vocabulary Warm-up

2011-03-26,18:14

Vocabulary Warm-up

 

Match the column on the right with the definitions:

 

________

 

________

 

________

 

________

 

________

 

________

 

________

 

________

 

________

 

________

 

________

 

________

 

________

 

________

 

________

 

________

 

 

 

________  

 

mortgage

 

default

 

funds

 

variable

 

fixed

 

co-sign

 

cash advance

 

credit rating

 

credit evaluation

 

credit limit

 

annual

 

savings

 

chequing

 

afford

 

interest

 

net income

 

gross income

 

prime

 

 

(a) Money.

 

(b) Stays the same over time.

 

(c) Guarantee a loan for somebody else.

 

(d) Money that you borrow on a credit card.

 

(e) A check to see how well you can pay back a loan.

 

(f) The maximum you can borrow.

 

(g) A loan to buy a house or property.

 

(h) A bank account you use to save money.

 

(i) Be able to pay for goods or pay back a loan.

 

(j) Changes over time.

 

(k) Not pay back a loan.

 

(l) The cost of borrowing money.

 

(m) An opinion on how well you can pay back a loan.

 

(n) Your income after you pay income taxes and expenses.

 

(o) The basic interest rate that banks use.

 

(p) A bank account you use for day to day expenditures.

 

(q) Yearly.

 

(r) Your income before you pay taxes.


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