fill in the blank
_____ is an agreement between two parties in which one party lends money or provides goods or services to another party with the understanding that payment will be made at a later date.
Credit
osacar owes me money after i gave him 10 dollars at the football game
debt
if I ask the bank what my credit score is they will reduce my score.
true
whats the movement of money into and out of a business
cash flow
An____ is the annual cost of credit charged by a lender.
condition
____is the total amount paid by a borrower to a lender for the use of credit
finance charge
is the owner's
investment in the business
capital
___is credit granted based on a signed credit agreement
Unsecured credit
is the ability of a business to repay a loan
capacity
___ is a lender
creditor
is the property a business uses to secure a loan
collateral