a person orinstitutionthat owes asum ofmoneyA debitcard issuedby or inconjunctiona numberassigned to aperson thatindicates tolenders theircapacity to repaya loana person orcompany towhom moneyis owedfinance chargeis any feerepresentingthe cost ofcreditA credit riskis the riskof defaulton a debtBusiness creditis the ability fora company toobtainborrowedmoneysecured creditmeanscredit/loanthat is backedby a collateralmoneyowed to acompany byits debtorsaging report isthe primarytool used bycollectionspersonnelClosed-endcredit is a typeof credit thatshould berepaid in fullamountDebt collectionis the processof pursuingpayments ofdebtsinstallmentloan is a loanthat is repaidover timeA company'spolicy on whenits customersshould pay forgoods orservicesThe term annualpercentage rate ofcharge,correspondingsometimes to anominal APRA credit scoreis dynamicand canchangepositivelycharacter,capacity,capital,conditions andcollateraltrade credit isan essentialtool forfinancinggrowthcredit advancedto consumersfor thepurchase ofgoods orservicesfirst in orderofimportance;mainUnsecuredcredit cardsare the mostcommon typeof credit cardsa companythat collectsinformationrelating to thecredit ratingsOpen-endcredit is aapprove loanbetween afinancialinstitutionIt means youare no longeran authorizeduser to thecredit bureausthe ability of acustomer toobtain goods orservices beforepaymenta person orinstitutionthat owes asum ofmoneyA debitcard issuedby or inconjunctiona numberassigned to aperson thatindicates tolenders theircapacity to repaya loana person orcompany towhom moneyis owedfinance chargeis any feerepresentingthe cost ofcreditA credit riskis the riskof defaulton a debtBusiness creditis the ability fora company toobtainborrowedmoneysecured creditmeanscredit/loanthat is backedby a collateralmoneyowed to acompany byits debtorsaging report isthe primarytool used bycollectionspersonnelClosed-endcredit is a typeof credit thatshould berepaid in fullamountDebt collectionis the processof pursuingpayments ofdebtsinstallmentloan is a loanthat is repaidover timeA company'spolicy on whenits customersshould pay forgoods orservicesThe term annualpercentage rate ofcharge,correspondingsometimes to anominal APRA credit scoreis dynamicand canchangepositivelycharacter,capacity,capital,conditions andcollateraltrade credit isan essentialtool forfinancinggrowthcredit advancedto consumersfor thepurchase ofgoods orservicesfirst in orderofimportance;mainUnsecuredcredit cardsare the mostcommon typeof credit cardsa companythat collectsinformationrelating to thecredit ratingsOpen-endcredit is aapprove loanbetween afinancialinstitutionIt means youare no longeran authorizeduser to thecredit bureausthe ability of acustomer toobtain goods orservices beforepayment

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.


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