Borrowing Money
Across
- 2. allows business people to write cheques greater than the amount in their account
- 3. a payment made for the use of money that has been borrowed
- 5. nothing is deposited as a guarantee to fulfil the payment of the loan
- 6. something deposited as a guarantee to fulfil the payment of a loan
- 7. loans are taken out when purchasing a house or land
Down
- 1. allows people to spend money and pay it back later
- 4. someone who guarantees to pay back the money if the borrower does not