Lesson 45 pg. 128 - 130 Flashcards

1
Q

What are interests or dividends?

A

If he invests his money or goods in someone else’s enterprise, he will usually be paid a reward that is called interest or dividends, and if he invests in some enterprise of his own, he probably expects to receive a reward equivalent to the interest or dividends he would receive if he invested in some other business.

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2
Q

Define debtor

A

debtor - one who borrows money or capital

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3
Q

Define creditor

A

creditor - one who lends money or capital

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