Crossword
Across
- 2. a document to a customer to request payment for a good or service received.
- 4. the fixed costs associated with operating a business such as rent, marketing, utilities and administrative costs.
- 7. when a new loan helps to pay off an existing one.
- 8. a document given to a customer to confirm payment and to confirm the sale of a good or service.
Down
- 1. the original loan amount borrowed or the remainder of the original borrowed amount that is still owing
- 3. the difference between the selling price of a good or service and the profit.
- 5. a finance arrangement where a lender allows a business to withdraw more than the balance of an account is called _________ facility
- 6. the process of a bank or other lender taking ownership of property/assets for the purpose of paying off a loan in default.