Match the Term with Its Definition

question 63

Multiple Choice

Match the term with its definition.
-Financing granted by retailers to individuals who purchase for personal or family use

• A)consumer credit
• B)credit
• C)credit bureaus
• D)credit card
• E)installment account
• F)open charge account
• G)revolving charge account
• H)trade credit
• I)trade-credit agencies
• J)value

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Definitions:

Common Currency

A currency that is used by multiple countries, enabling easier trade and economic policy coordination, such as the Euro in the European Union.

European Union

A political and economic union of 27 European countries that are located primarily in Europe, aiming to foster economic cooperation and maintain peace.

Efficiently Manage Time

The act of organizing, planning, and prioritizing one's activities and commitments to maximize productivity and achieve objectives within given time constraints.

Revising Draft

The process of making changes to a text to improve its content, structure, and language.