Vocabulary
Across
- 3. A document issued by the state to identify the owner of a motor vehicle
- 6. A credit or debit entry initiated to correct a transaction that was processed incorrectly
- 7. A person applying for a loan
- 9. The action of taking property
- 11. A person to whom money is paid or is to be paid, especially the person to whom a check is made payable
- 13. Property or an asset contractually provided to a lender as a guarantee of payment
- 14. A person who accepts responsibility for repaying a debt
- 17. To be considered an _____ of Global, a member must have a minimum aggregate balance of $5.00
- 18. A lender that legally has an interest in your property until you pay it off in full
Down
- 1. A person who has died
- 2. Deposit of five or more checks as a lump sum into a business account
- 4. A person under the age of full legal responsibility. A person who is under the age of 18
- 5. The operating name of a company, as opposed to the legal name of the company
- 8. The sum charge for borrowing money, expressed as a percentage
- 10. an allowance of additional time for the payment of a debt
- 12. An offer to approve a loan based on different terms than those originally requested by the applicant
- 15. Serial number for a motor vehicle or other type of collateral that has a title or MSO
- 16. Creator of a trust