a type of savings account that offers a more competitive interest rate than a regular savings account
Word of the Day Vocab Quiz 10

Quiz
•
Business
•
11th Grade
•
Easy
Kayla Halsey
Used 2+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
10 mins • 10 pts
Money Market account
2.
MULTIPLE CHOICE QUESTION
10 mins • 10 pts
specialize in making loans and usually charge higher interest rates
finance companies
3.
MULTIPLE CHOICE QUESTION
10 mins • 10 pts
the minimum amount of money in your account to process a transaction
minimum balance
overdraft protection
insufficient funds
line of credit
4.
MULTIPLE CHOICE QUESTION
10 mins • 10 pts
not having enough money in your account to process a transaction
5.
MULTIPLE CHOICE QUESTION
10 mins • 10 pts
unable to be turned into money quickly
liquidity
illiquidity
6.
MULTIPLE CHOICE QUESTION
5 mins • 10 pts
the amount of money you can charge on a credit card or borrow
Line of Credit
7.
MULTIPLE CHOICE QUESTION
10 mins • 10 pts
a legal business that makes high-interest loans based on the value of personal possessions pledged as collateral
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