A credit riskis the riskof defaulton a debtIt means youare no longeran authorizeduser to thecredit bureausA company'spolicy on whenits customersshould pay forgoods orservicesfinance chargeis any feerepresentingthe cost ofcreditDebt collectionis the processof pursuingpayments ofdebtstrade credit isan essentialtool forfinancinggrowtha person orcompany towhom moneyis owedinstallmentloan is a loanthat is repaidover timeBusiness creditis the ability fora company toobtainborrowedmoneyClosed-endcredit is a typeof credit thatshould berepaid in fullamountUnsecuredcredit cardsare the mostcommon typeof credit cardsa companythat collectsinformationrelating to thecredit ratingsfirst in orderofimportance;maincredit advancedto consumersfor thepurchase ofgoods orservicesOpen-endcredit is aapprove loanbetween afinancialinstitutionsecured creditmeanscredit/loanthat is backedby a collateralthe ability of acustomer toobtain goods orservices beforepaymentaging report isthe primarytool used bycollectionspersonnela person orinstitutionthat owes asum ofmoneya numberassigned to aperson thatindicates tolenders theircapacity to repaya loanmoneyowed to acompany byits debtorsA credit scoreis dynamicand canchangepositivelyThe term annualpercentage rate ofcharge,correspondingsometimes to anominal APRA debitcard issuedby or inconjunctioncharacter,capacity,capital,conditions andcollateralA credit riskis the riskof defaulton a debtIt means youare no longeran authorizeduser to thecredit bureausA company'spolicy on whenits customersshould pay forgoods orservicesfinance chargeis any feerepresentingthe cost ofcreditDebt collectionis the processof pursuingpayments ofdebtstrade credit isan essentialtool forfinancinggrowtha person orcompany towhom moneyis owedinstallmentloan is a loanthat is repaidover timeBusiness creditis the ability fora company toobtainborrowedmoneyClosed-endcredit is a typeof credit thatshould berepaid in fullamountUnsecuredcredit cardsare the mostcommon typeof credit cardsa companythat collectsinformationrelating to thecredit ratingsfirst in orderofimportance;maincredit advancedto consumersfor thepurchase ofgoods orservicesOpen-endcredit is aapprove loanbetween afinancialinstitutionsecured creditmeanscredit/loanthat is backedby a collateralthe ability of acustomer toobtain goods orservices beforepaymentaging report isthe primarytool used bycollectionspersonnela person orinstitutionthat owes asum ofmoneya numberassigned to aperson thatindicates tolenders theircapacity to repaya loanmoneyowed to acompany byits debtorsA credit scoreis dynamicand canchangepositivelyThe term annualpercentage rate ofcharge,correspondingsometimes to anominal APRA debitcard issuedby or inconjunctioncharacter,capacity,capital,conditions andcollateral

CH. 16 Vocabulary - Call List

(Print) Use this randomly generated list as your call list when playing the game. There is no need to say the BINGO column name. Place some kind of mark (like an X, a checkmark, a dot, tally mark, etc) on each cell as you announce it, to keep track. You can also cut out each item, place them in a bag and pull words from the bag.


1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
  1. A credit risk is the risk of default on a debt
  2. It means you are no longer an authorized user to the credit bureaus
  3. A company's policy on when its customers should pay for goods or services
  4. finance charge is any fee representing the cost of credit
  5. Debt collection is the process of pursuing payments of debts
  6. trade credit is an essential tool for financing growth
  7. a person or company to whom money is owed
  8. installment loan is a loan that is repaid over time
  9. Business credit is the ability for a company to obtain borrowed money
  10. Closed-end credit is a type of credit that should be repaid in full amount
  11. Unsecured credit cards are the most common type of credit cards
  12. a company that collects information relating to the credit ratings
  13. first in order of importance; main
  14. credit advanced to consumers for the purchase of goods or services
  15. Open-end credit is a approve loan between a financial institution
  16. secured credit means credit/loan that is backed by a collateral
  17. the ability of a customer to obtain goods or services before payment
  18. aging report is the primary tool used by collections personnel
  19. a person or institution that owes a sum of money
  20. a number assigned to a person that indicates to lenders their capacity to repay a loan
  21. money owed to a company by its debtors
  22. A credit score is dynamic and can change positively
  23. The term annual percentage rate of charge, corresponding sometimes to a nominal APR
  24. A debit card issued by or in conjunction
  25. character, capacity, capital, conditions and collateral