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Financial Terms/Vocabulary for ESL | Topic: Loans, loan-related vocabulary in English 1

Match the definition on the left with the letter of the term on the right:

a - fixed
b - terms
c - fees
d - to refinance
e - principal
f - promissory note
g - disbursement
h - interest rate
i - to accrue
j - co-signer
1. someone who promises to pay for you in case you can't ->

2. a contract between the borrower and the lender (bank, etc.) -->

3. conditions, rules -->

4. what you have to pay for a particular service -->

5. to accumulate -->

6. the percentage of a loan that you are charged for borrowing money -->

7. to change the terms of a loan, agreement -->

8. paying out the money (as agreed upon in a loan) -->

9. the amount of money that is being loaned -->

10. unchanging, not variable -->

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