1) A collateral is a _____ for a loan. a) security b) share c) stock d) bond 2) When the bank gives you a loan, they ask for a _____. a) debt b) stock c) share d) collateral 3) Peter secured their dream home with a _____, so they have to make regular payments. a) loan b) mortgage c) lend d) loss 4) An _____ is anything of value that is owned by an individual, company, or organization. a) loan b) lend c) asset d) loss 5) A _____ occurs when a borrower doesn't repay a loan. a) asset b) mortgage c) default d) loan 6) If a loan is _______, the interest rate is very high. a) unsecured b) secured c) default d) borrow 7) Investments can be used as collaterals, but their value _____. a) is stable b) fluctuates c) is lower d) always the same 8) Banks are the most common _____ institution. a) collateral b) risky c) secured d) lending

Collateral (Vocabulary Review) Beginner

by
Print
Embed

Leaderboard

Visual style

Options

Switch template

Continue editing: ?