character,capacity,capital,conditions andcollaterala person orcompany towhom moneyis owedA credit riskis the riskof defaulton a debtBusiness creditis the ability fora company toobtainborrowedmoneyinstallmentloan is a loanthat is repaidover timeaging report isthe primarytool used bycollectionspersonnelOpen-endcredit is aapprove loanbetween afinancialinstitutionfirst in orderofimportance;mainmoneyowed to acompany byits debtorsDebt collectionis the processof pursuingpayments ofdebtsA debitcard issuedby or inconjunctiona person orinstitutionthat owes asum ofmoneythe ability of acustomer toobtain goods orservices beforepaymentA company'spolicy on whenits customersshould pay forgoods orservicesIt means youare no longeran authorizeduser to thecredit bureausThe term annualpercentage rate ofcharge,correspondingsometimes to anominal APRA credit scoreis dynamicand canchangepositivelya numberassigned to aperson thatindicates tolenders theircapacity to repaya loansecured creditmeanscredit/loanthat is backedby a collaterala companythat collectsinformationrelating to thecredit ratingsClosed-endcredit is a typeof credit thatshould berepaid in fullamountUnsecuredcredit cardsare the mostcommon typeof credit cardscredit advancedto consumersfor thepurchase ofgoods orservicestrade credit isan essentialtool forfinancinggrowthfinance chargeis any feerepresentingthe cost ofcreditcharacter,capacity,capital,conditions andcollaterala person orcompany towhom moneyis owedA credit riskis the riskof defaulton a debtBusiness creditis the ability fora company toobtainborrowedmoneyinstallmentloan is a loanthat is repaidover timeaging report isthe primarytool used bycollectionspersonnelOpen-endcredit is aapprove loanbetween afinancialinstitutionfirst in orderofimportance;mainmoneyowed to acompany byits debtorsDebt collectionis the processof pursuingpayments ofdebtsA debitcard issuedby or inconjunctiona person orinstitutionthat owes asum ofmoneythe ability of acustomer toobtain goods orservices beforepaymentA company'spolicy on whenits customersshould pay forgoods orservicesIt means youare no longeran authorizeduser to thecredit bureausThe term annualpercentage rate ofcharge,correspondingsometimes to anominal APRA credit scoreis dynamicand canchangepositivelya numberassigned to aperson thatindicates tolenders theircapacity to repaya loansecured creditmeanscredit/loanthat is backedby a collaterala companythat collectsinformationrelating to thecredit ratingsClosed-endcredit is a typeof credit thatshould berepaid in fullamountUnsecuredcredit cardsare the mostcommon typeof credit cardscredit advancedto consumersfor thepurchase ofgoods orservicestrade credit isan essentialtool forfinancinggrowthfinance chargeis any feerepresentingthe cost ofcredit

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