| A | B |
|---|
| Installment Loan | repaid in regular payments |
| Single-payment Loan | repaid in one payment |
| Promissory Note | written promise to repay |
| Secured Loan | backed by collateral |
| Unsecured Loan | not backed by collateral |
| Closed End Loan | involves definite sum of money |
| Open End Loan | limit on amount of money you can borrow |
| Single Purpose Credit Card | can only be used to buy goods or services at the business that issued the card |
| Multi-Purpose Credit Card | may be used at several locations |
| Travel and Entertainment Credit Card | similar to charge accounts, balance paid off monthly |
| Regular Charge Accounts | require that you pay for purchases in full within a certain time period |
| Budget Accounts | allows you to pay for costly items in equal payments spread over a period of time |
| Revolving Charge Accounts | allows you to borrow or charge up to a certain amount of money and pay back a part or entire balance each month |
| Corporate Bonds | used to finance building and equipment |
| Small Business Administration Loans | offers a number of financial, technical, and management programs to help business |
| Municipal Bonds | state and local governments use these to finance projects |
| US Savings Bonds | sold by federal government |
| Supplier Credit | used by companies for supplies purchased on a regular basis |
