Spending Flashcards

1
Q

comparison

A

an examination of how things are the same or different

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2
Q

equity

A

the monetary value of a property or business

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3
Q

installment

A

payment in a series that is made over a long period of time

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4
Q

lease

A

a legal agreement allowing a person to use a car or property over a period of time in exchange for payment

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5
Q

finance

A

to buy something on credit

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6
Q

mortgage

A

a legal agreement in which a person borrows money to purchase a home

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