Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
What does the term 'credit' signify?
What does the term 'credit' signify?
- Reposing trust or confidence in somebody (correct)
- Exchanging trust or confidence with somebody
- Denying trust or confidence to somebody
- Requesting trust or confidence from somebody
Which is considered the most acceptable security or collateral for credit?
Which is considered the most acceptable security or collateral for credit?
- Stocks and bonds
- Land with a title (correct)
- Houses and machines
- Crops and valuable properties
What does public credit include?
What does public credit include?
- Grants of credit without security
- Grants of credit to private institutions
- Grants of credit to governments (correct)
- Grants of credit to individuals
What is the nature/characteristic of credit that refers to the size of credit granted?
What is the nature/characteristic of credit that refers to the size of credit granted?
Signup and view all the answers
What are loans granted without security referred to as?
What are loans granted without security referred to as?
Signup and view all the answers
