Unit 2 Finance — Complete Study Guide

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4 Terms

1
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Shareholder

Someone who owns company stock.

2
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Collateral

An asset pledged as security that a lender may claim if the borrower fails to repay.

3
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Credit rating

A measure of a borrower's creditworthiness and lending risk.

4
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Consolidation loan

Combines several debts into one loan, often to simplify repayment.