Associate the definition with the word.
WORDS 1. Asset 2. Output 3. Collateral 4. Liabilities 5. Mortgage
DEFINITIONS ( ) Something valuable that you promise to give as guarantee for a loan.
( ) Total amount of something a person, a machine or an industry produces.
( ) Anything of value owned by a business that can be used to produce goods, pay debts etc.
( ) Loan by which a bank or a similar financial institution lends somebody money to buy property.
( ) Money that a company will have to pay to someone else, for example: bills, taxes, debts, and interest.
The correct sequence of this association is:
WORDS 1. Asset 2. Output 3. Collateral 4. Liabilities 5. Mortgage
DEFINITIONS ( ) Something valuable that you promise to give as guarantee for a loan.
( ) Total amount of something a person, a machine or an industry produces.
( ) Anything of value owned by a business that can be used to produce goods, pay debts etc.
( ) Loan by which a bank or a similar financial institution lends somebody money to buy property.
( ) Money that a company will have to pay to someone else, for example: bills, taxes, debts, and interest.
The correct sequence of this association is: