Vocabulary Flashcards and Quiz of Negotiating Terms During a High-Stakes Meeting – English for Bank Teller – Medium Level

Interest rate
The percentage charged on a loan.
Processing fee
A charge for handling the loan.
Loan term
The length of time to repay a loan.
Budget
A plan for how to spend money.
Monthly payments
Money paid every month to repay a loan.

Click a card to flip it and reveal the meaning.

2. Match the words with their meanings
Interest rate
Processing fee
Loan term
Budget
Monthly payments
A charge for handling the loan.
The percentage charged on a loan.
Money paid every month to repay a loan.
A plan for how to spend money.
The length of time to repay a loan.

Drag the cards on the right so each lines up with the correct item on the left.

3. What does “Interest rate” mean?
4. What does “Processing fee” mean?
5. What does “Loan term” mean?
6. What does “Budget” mean?
7. What does “Monthly payments” mean?

Practice more with this lesson:


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