The amount of money borrowed
What is a credit union?
a cooperative lending institution for a particular group
How does a bank make most of its profit on its business?
by paying out less interest on deposits than it earns in interest on loans
A specific type of loan that is used to buy real estate
The ability to be used as, or directly converted to, cash
The money supply of a country is made up of which of the following?
all the money available in an economy
The money in checking accounts
Failure to pay back a loan
All the money available in an economy
Person or institution to whom money is owed
The price paid for the use of borrowed money