| A | B |
|---|
| Creditor | One who lends money or provides credit |
| Big-Ticket Items | High priced items often paid for in installments |
| Credit | The opportunity to obtain money, goods, or services now in exchange for a promise to pay later |
| Commercial Credit | Type of credit used by businesses |
| Credit Rating | the measure of your willingness and ability to pay |
| Installment Payments | Equal payments made over a period of time |
| Consumer Credit | Credit used for personal reasons |
| Charge Account | This gives you the ability to purchase up to a certain amount in a department store |
| Debtor | Someone who borrows money or uses credit |
| Credit Limit | The maximum amount of credit you can use in a specified time period |
