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Topic: Loans, loan-related vocabulary in English 1
Match each definition with the
letter
of one of the following:
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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