Sources and Uses of long Term and Short Term Funds

Front

Financial intermediary connecting depositors & borrowers.

Back

Bank

Front

Agency that collects and sells borrower credit history.

Back

Credit Bureau

Front

Obligation to repay borrowed property or cash as per agreement.

Back

Debt

Front

Formal evaluation of credit history and repayment capability.

Back

Credit Ratings

Front

Supervised by the SEC

Back

Nonbanks

Front

Payment for property or money.

Back

Interest

Front

Tracks financial assets and activities.

Back

Personal Budget

Front

Owner allows another party to use property or money.

Back

Lending

Front

Inability to pay debts on time.

Back

Insolvency

Front

Legal process for distributing a debtor's assets to creditors to pay debts.

Back

Bankruptcy