Banking Flashcards
1
Q
bank
A
an institution that stores and loans capital
2
Q
default
A
to fail to pay off a loan
3
Q
govern
A
to manage and rule over something
4
Q
interest
A
a charge or fee in exchange for borrowing money
5
Q
loan
A
a granting of money for temporary use
6
Q
regulate
A
to govern by providing guides and regulations