Match the Term with Its Definition

question 43

Multiple Choice

Match the term with its definition.
-The extent to which a good or service is perceived by a customer as meeting his or her needs or wants, measured by the customer's willingness to pay for it

• 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:

Safe Securities

Investment instruments deemed to have a lower risk of loss, often with lower potential returns as compared to riskier investments.

Valuation

The process of determining the current worth of an asset or a company, often used in investment analysis.

Financial Intermediaries

Institutions that act as middlemen in financial transactions, assisting in channeling funds from savers to borrowers, such as banks, insurance companies, and pension funds.

Commercial Banks

Financial institutions that accept deposits, offer checking account services, and make loans to individuals and businesses.