Subprome Crisis - definitions Flashcards
1
Q
credit rating
A
estimates of people ability to fulfil their financial commitments
2
Q
default
A
failure to repay a loan
3
Q
collateralized
A
with property or another asset used as a guarantee of payment
4
Q
cash flow
A
the money generated by an investment
5
Q
write off
A
cancel a bad debt or a worthless asset from an account
