2nd 12 Flashcards

1
Q

available cash

A

liquid

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2
Q

high interest savings account

A

money market

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3
Q

has fee for depositing money

A

certificate of deposit

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4
Q

pledged as security for repayment of a loan, to be fortified in the event of a default

A

collateral

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5
Q

opposite of debt culture, save until you can purchase

A

fund approach

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6
Q

has greater influence when paying with cash

A

haggle

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7
Q

number assigned to a person that indicates to lenders their capacity to repay a loan

A

credit score

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8
Q

investment opportunity with the publicly help corporations

A

stock market

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9
Q

interest added to the deposit so that the interest also earns interest

A

compound interest

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10
Q

not necessary

A

credit cards

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11
Q

adults who return to live with their parents due to debt

A

boomerang kids

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12
Q

the benefits of a given situation are analyzed as associated with the sum needed

A

cost analysis

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