Sunday, May 31, 2009

Financing

Financing is the act of getting funds for business ventures, debt, items, and them repaying back the loan.

Debt

Debt is the amount of goods or services that someone owes to another.

Credit card

A credit card is a plastic card connected to a credit account. It is used to buy goods and services.

Student loan

A student loan is a loan offered to students to assist in payment of the costs of professional education. Tuition, books, or room and board.

Car loan

A car loan is to purchase an automobile.

Mortgage loan

A mortgage loan is a loan on real estate that is secured by a mortgage.

Currency

Currency is a form of money that is in public circulation.