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Banking Quiz 2
for Business English

Lending and Borrowing Money

  Select the correct answer for each statement

1. If you posses something that is yours, you can say that you ________ it.

 

2. If you must reimburse or repay someone, you ________ them money.

 

3. To allow someone to have the use of your money for a period of time, after which it much be repaid, is to ________ them money.

 

4. To take money that is given to you with the agreement that you will repay it, is to ________ it. 

 

5. Money that you have borrowed, with the agreement that you will repay it, is a ________.

 

6. A person who has borrowed money is a ________.

 

7. A lender is also a ________.

 

8. Income received from a loan is known as ________.

 

9. Repayment of a loan usually includes interest (the profit for the lender) and ________, the actual money that was borrowed.

 

10. The amount of money a lender receives for a loan or investment, when expressed as a percentage, is know as its return or ________.