Loans And Money

tag:blogger.com,1999:blog-78591952574254871822012-01-30T01:50:19.358-05:00Loans And MoneyAll about money and finance terms. Bankruptcy, capital, cosigners, credit limit, currency, debt, due date, interest rate, loans, venture capital, and other money and finance terms.Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.comBlogger591100tag:blogger.com,1999:blog-7859195257425487182.post-63749745576261772612010-05-10T14:36:00.001-04:002010-05-10T14:37:08.803-04:00Power of attorney

A power of attorney is a legal document that gives a person the right to act on behalf of another.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-19834254505263855562010-05-10T14:32:00.002-04:002010-05-10T14:34:39.660-04:00Market conditions

Market conditions are factors that affect the sale of a home in an area. Some market conditions are interest rates and unemployment.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-44623442349601135012010-05-10T14:30:00.001-04:002010-05-10T14:31:49.789-04:00Median price

The median price is the amount that falls in the middle of the total price of homes for sale in an area.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-76891670797144470742010-05-10T14:29:00.002-04:002010-05-10T14:29:26.236-04:00Late payment fee

A late payment fee is a fee that is charged to a borrower for not making a payment on time.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-34180073589518311162010-05-10T14:24:00.001-04:002010-05-10T14:25:23.265-04:00Debt instrument

A debt instrument is a document that states a borrower's obligation to repay the balance due.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-85665556741570123752010-05-10T14:19:00.001-04:002010-05-10T14:20:38.445-04:00Due date

The due date is the date a payment must be made by. If a payment is made after the due date, it's considered past due.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-6213185502834956882010-05-09T13:04:00.002-04:002010-05-09T13:10:09.748-04:00Credit report

A credit report is a document that shows an individuals credit history and current credit standing.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-65343700768947551882010-05-09T12:43:00.001-04:002010-05-09T12:44:38.343-04:00Ceiling

The ceiling is the maximum interest rate that can be charged on an adjustable rate mortgage.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-78199441376959621872010-05-09T12:34:00.002-04:002010-05-09T12:36:44.713-04:00Soft currency

Soft currency is currency whose value may depreciate quickly. It is also difficult to exchange into other currencies. It is the opposite of hard currency.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-17697152285857606962009-11-04T14:18:00.000-05:002010-05-07T10:09:20.263-04:00Chargeback

A chargeback is the return of funds to a consumer, usually in a disputed credit-card transaction.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-74387174640336494282009-11-04T14:13:00.001-05:002010-05-07T10:09:20.263-04:00Cashier's check

A cashier's check is a check that is issued by a financial institution. The payment is guaranteed because it is drawn on the bank's account rather than the customer's.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-28409006578864960032009-11-04T12:16:00.002-05:002010-05-07T10:09:20.263-04:00Credit check

A credit check is when a loan provider views your credit history to see if you are suitable for the loan.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-75929244028226421852009-11-04T12:08:00.002-05:002010-05-07T10:09:20.264-04:00Collection agency

A collection agency pursues payments on debts that individuals or businesses have defaulted on.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-16808813989855296212009-11-04T11:58:00.004-05:002010-05-07T10:09:20.264-04:00Collateral

Collateral is a when a borrower pledges property to a lender, in order to secure repayment of a loan.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-2916741560945188102009-11-04T11:30:00.002-05:002010-05-07T10:07:29.551-04:00Money and finance terms - trivia 8

1) What is an exchange rate?a) the worth of one currency compared to another country's currencyb) the future value of a currencyCheck comments for the answer.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com1tag:blogger.com,1999:blog-7859195257425487182.post-68658619479139555112009-06-20T10:29:00.001-04:002010-05-11T09:22:15.055-04:00Fixed rate loan

A fixed rate loan is where the interest rate stays the same for the life of the loan.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-25740316102322253972009-06-20T10:09:00.000-04:002010-05-11T09:22:15.055-04:00Prime loan

A prime loan is offered to people with a good credit history.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-58079494783499374502009-06-20T09:34:00.001-04:002010-05-07T10:07:29.552-04:00Money and finance terms - trivia 7

1) What is a prime rate?a) the standard rate charged to all customersb) the most favorable interest rate that banks charge to lend money to their best customersCheck comments for the answer.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com1tag:blogger.com,1999:blog-7859195257425487182.post-13857263899422543412009-06-18T21:38:00.002-04:002010-05-07T10:09:20.264-04:00Venture capital

Venture capital is capital that is provided to new companies. They have high profit potential along with high risk.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-76468820139724624622009-06-18T21:15:00.001-04:002010-05-07T10:09:20.265-04:00Private equity

Private equity is capital that is available to private companies. Companies that are not on a stock exchange.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-37008002092860683332009-06-18T20:43:00.001-04:002010-05-07T10:09:20.265-04:00Currency market

The currency market is where all of the currency trading takes place.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-89838775776735007062009-06-18T20:40:00.001-04:002010-05-07T10:09:20.265-04:00Exchange rate

The exchange rate is the worth of one currency compared to another country's currency.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-54903617734669199882009-06-15T12:24:00.002-04:002010-05-11T09:22:15.056-04:00Consolidation loan

A consolidation loan is used to combine several loans into one loan, often with a lower monthly payment.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-67906751692974237622009-06-15T12:16:00.003-04:002010-05-11T09:22:15.056-04:00Personal loan

A personal loan is a loan given without collateral. It is used for personal or household purposes.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-24298053058099929202009-06-14T16:03:00.001-04:002010-05-07T10:07:29.552-04:00Money and finance terms - trivia 6

1) What is hard currency?a) currency that is stable and sound enough to be accepted internationallyb) currency that is not stable or sound enough to be accepted internationallyCheck comments for the answer.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com1tag:blogger.com,1999:blog-7859195257425487182.post-72819437433386600732009-06-14T15:48:00.002-04:002010-05-07T10:07:29.552-04:00Money and finance terms - trivia 5

1) What is capital?a) the amount of goods or services that someone owes to anotherb) the assets available for use to produce more assetsCheck comments for the answer.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com1tag:blogger.com,1999:blog-7859195257425487182.post-77477188259294265542009-06-07T16:41:00.002-04:002010-05-07T10:09:20.266-04:00Credit limit

The credit limit is the maximum amount a borrower can borrow under a credit card.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-53172001258839258322009-06-07T16:16:00.001-04:002010-05-07T10:09:20.266-04:00Cosign

Cosign means to sign for another persons loan along with the borrower. The cosigner must repay the debt if the borrower does not pay.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-41918652159837175992009-06-07T16:05:00.001-04:002010-05-07T10:09:20.266-04:00Capital

Capital is the assets available for use to produce more assets.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-62363003107218717952009-06-05T13:48:00.001-04:002010-05-07T10:09:20.266-04:00Prime rate

The prime rate is the most favorable interest rate that banks charge to lend money to their best customers.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-56044222059371579602009-06-02T18:22:00.001-04:002010-05-07T10:09:20.267-04:00Mortgage lenders

Mortgage lenders are financial institutions that lend money to people so they can buy property.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-53685247839781311402009-06-02T18:04:00.001-04:002010-05-07T10:09:20.267-04:00Loan consolidation

Loan consolidation means to combine multiple loans into one new loan with a new repayment term. The interest rate and monthly payments would be different.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-724074036625770772009-06-02T14:22:00.001-04:002010-05-07T10:07:29.552-04:00Money and finance terms - trivia 4

1) What is a subprime loan?a) a loan where only the highest credit rating customers qualifyb) a loan granted to customers who would not ordinarily qualify for creditCheck comments for the answer.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com1tag:blogger.com,1999:blog-7859195257425487182.post-86948105182553010482009-06-02T09:39:00.001-04:002010-05-07T10:07:29.553-04:00Money and finance terms - trivia 3

1) What is a unsecured loan?a) a loan where you don't have to offer any collateral to secure the loanb) collateral is required to secure the loanCheck comments for the answer.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com1tag:blogger.com,1999:blog-7859195257425487182.post-75946218723239814732009-06-02T00:10:00.002-04:002010-05-07T10:09:20.268-04:00Cash advance

A cash advance is a cash loan from a credit card account. Interest is usually charged at a higher rate than credit card purchases.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-34458606572134692872009-06-01T23:04:00.001-04:002010-05-07T10:09:20.268-04:00Mortgage rate

The mortgage rate is the rate of interest that is paid on a mortgage loan.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-11055596568628268872009-06-01T23:01:00.000-04:002010-05-07T10:09:20.268-04:00Interest rate

The interest rate is the rate that is charged for borrowing money.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-6989912063439255372009-06-01T14:25:00.003-04:002010-05-07T10:09:20.269-04:00Coins

Coins are usually made of flat metal. They are small and round and issued by the government as money.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-10474414761498229352009-06-01T14:13:00.002-04:002010-05-07T10:09:20.269-04:00ATM

An ATM is an automated teller machine. It is a cash machine outside some banks. They dispense money when a personal coded card is used.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-690004825070371952009-06-01T14:11:00.001-04:002010-05-07T10:09:20.269-04:00Bank deposit

A bank deposit is money that is deposited in a bank or similar institution.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-43365925208247901632009-06-01T14:08:00.002-04:002010-05-07T10:09:20.269-04:00Bank account

A bank account is an account with a banking institution that records the financial transactions between the customer and the bank.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-59922693645569470792009-06-01T14:04:00.000-04:002010-05-07T10:09:20.270-04:00Bankruptcy

Bankruptcy is a legal proceeding, which offers protection from a creditor if someone is unable to pay their debts.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-66978053242981206142009-06-01T13:51:00.001-04:002010-05-09T12:37:30.820-04:00Hard currency

Hard currency is currency that is stable and sound enough to be accepted internationally. It is the opposite of soft currency.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-43591221812496867442009-06-01T13:46:00.001-04:002010-05-07T10:09:20.270-04:00Credit repair

Credit repair means improving your credit score by correcting discrepancies shown on credit bureau reports and by paying off debts.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-76009136380978495322009-06-01T13:39:00.001-04:002010-05-07T10:07:29.553-04:00Money and finance terms - trivia 2

1) What is federal debt?a) money that businesses oweb) government debt; the money the country owesCheck comments for the answer.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com1tag:blogger.com,1999:blog-7859195257425487182.post-87858196091252434492009-06-01T13:31:00.003-04:002010-05-07T10:07:29.553-04:00Money and finance terms - trivia 1

1) What is debt?a) the amount of goods or services that someone owes to anotherb) the amount of goods or services that someone has a surplus ofCheck comments for the answer.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com1tag:blogger.com,1999:blog-7859195257425487182.post-74845242395507191442009-06-01T07:19:00.001-04:002010-05-11T09:22:15.057-04:00Subprime loan

A subprime loan is granted to customers who would not ordinarily qualify for credit.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-55293397677216377182009-06-01T07:15:00.001-04:002010-05-11T09:22:15.058-04:00Unsecured loan

A unsecured loan is when you don't have to offer any collateral to secure the loan.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-7177692669515205672009-06-01T07:10:00.001-04:002010-05-11T09:22:15.058-04:00Refinance loan

A refinance loan is used for paying off an existing mortgage loan on property.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-9051997108023786862009-06-01T07:09:00.001-04:002010-05-11T09:22:15.059-04:00Business loan

A business loan is for the use of a business.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-22171947113244527722009-06-01T07:06:00.001-04:002010-05-07T10:09:20.270-04:00Bill collector

A bill collector is a business that pursues payments on debts owed by individuals and businesses.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-48665105465255977472009-06-01T07:01:00.000-04:002010-05-07T10:09:20.271-04:00Federal debt

Federal debt is government debt; the money the country owes.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-18406975117639008632009-05-31T21:02:00.002-04:002010-05-07T10:09:20.271-04:00Financing

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

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-9212451701242651512009-05-31T20:54:00.000-04:002010-05-07T10:09:20.271-04:00Debt

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

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-88688981658128124632009-05-31T20:44:00.002-04:002010-05-07T10:09:20.272-04:00Credit card

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

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-50923435750237997442009-05-31T19:56:00.001-04:002010-05-11T09:22:15.060-04:00Student 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.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-77032240167218471842009-05-31T19:55:00.001-04:002010-05-11T09:22:15.060-04:00Car loan

A car loan is to purchase an automobile.

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-11308059345439270412009-05-31T19:51:00.001-04:002010-05-11T09:22:15.061-04:00Mortgage loan

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

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0tag:blogger.com,1999:blog-7859195257425487182.post-34926810012241651492009-05-31T17:06:00.007-04:002010-05-07T10:09:20.272-04:00Currency

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

Mikehttp://www.blogger.com/profile/08173905245422853986noreply@blogger.com0