A financial charge imposed by a state to fund various public expenditures.
what is Tax
What are the 5 C's of credit
what is Character, Capacity, Capital , Collateral , Credit History
A firm that manages money and provides financial services
what is bank
this type of skill involves being confident about speaking to people
what is communication
Protection against possible financial loss
what is insurance
A government agency that collects taxes and is a bureau of the Department of the Treasury
what is Internal Revenue service
What is Collateral
what is Collateral is what the banks can take back if you dont pay.
mainly concentrates on the mobilization of savings of the people
what is savings bank
this type of skill involves being able to find solutions when faced with difficulties or setbacks
what is problem solving
Insurance that covers damage to your vehicle when it is involved in an accident
what is auto insurance
A tax on the value of one's property
what is property tax
A card issued by banks which is used as an IOU, but must be eventually paid back.
what is credit card
this type of bank regulates the monetary and credit system of the country
what is central bank
this type of skill involves both the people you work with and other people that come into contact with your organisation.
what is teamwork
Coverage that provides protection for your residence and its associated financial risks
what is homeowners insurance
The government's ability to raise taxes
what is fiscal capacity
What does APR stand for and what is it?
what is APR - Anual Percentage Rate
this type of bank that accept money in the form of deposits from the public and give loans and advances to its customers by charging interest.
what is commercial bank
this type of skill involves choosing how to spend one’s time and creating a schedule for one’s choices.
what is time management
A person named to receive the benefits from a life insurance policy
What is a beneficiary
A tax both on corporate income and dividends
what is double taxation
What percent should your debt to income ratio not exceed.
what is 20%
this type of bank help businesses work in financial markets
what is investment bank
this type of skill involves wanting to understand new things and being able to pick them up quickly.
what is learning
A form of financial protection that eases the financial burden people may experience as a result of illness or injury
What is health insurance