BFS Midterm Review
Across
- 7. relative or friend who has property or a good credit history
- 8. paper currency issued by the continental congress in 1775
- 9. value of borrower's possessions (C of credit)
- 10. generally accepted alternative currency as of 1900
- 11. created to protect deposits against bank failure
- 12. chapter of bankruptcy relevant to farmers
Down
- 1. type of bank; often called "full-service banks",
- 2. process that a lending institution uses to determine if a customer is eligible for its products or services
- 3. property used as security (C of credit)
- 4. movement of assets, monetary funds, or ownership rights from one account to another
- 5. In the formula, I = P × R × T, the P stands for:
- 6. real estate loan
- 8. honesty & willingness to pay back a debt (C of credit)