Role of Banks Multiple Choice Test

The money, property, or other valuables which together represent the wealth of a business or individual. This is the definition for:

Assets pledged by a borrower to secure a loan which are then subject to seizure if the loan is not repaid. This defines:

A creditor's analysis of the ability of an individual to repay a loan. This defines:

Legal process in which a person can not pay debts, resulting in the liquidation of assets and proceeds sold to creditors. This defines:

Inflation is:

Which of the following is a reason people store money in banks?

How do banks make a profit?

Which of the following is not a form of loan?

This is anything that has to do with the management of money.

Tuition is:

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