Match the Term with Its Definition

question 32

Multiple Choice

Match the term with its definition.
-The process of raising small amounts of money from a large number of investors via the Internet

• A)balloon payment
• B)business angels
• C)chattel mortgage
• D)crowdfunding
• E)factoring
• F)initial public offering (IPO)
• G)private placement
• H)real estate mortgage

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Definitions:

Cent

A monetary unit worth one-hundredth of various currencies, including the US dollar and the Euro.

Repeating Decimal

A decimal in which one or more digits repeat infinitely.

Decimal Notation

A system of writing numbers that uses a decimal point to separate the whole number part from the fractional part.

Percent Equivalent

A way of expressing a number as a fraction of 100, denoting it with the symbol "%."