Finance Vocabulary Flashcards
1
Q
Automatic teller machine
A
ATM/ Cajero Automatico
2
Q
The amount of money present in an account
A
Balance/ Balance de Cuenta
3
Q
A company used by lenders or creditors to recover past-due funds
A
Collections Department/Departamento de Cobros
4
Q
A third-party account that holds the asset until the conclusion of a specific event or time
A
Escrow Account/ Cuenta de deposito en garantias
5
Q
The action fo taking back property that was bought with borrowed money because the money was not being paid back as formally agreed
A
Foreclosure/ Ejecucion Hipotecaria