Banking/Investing/Financial terms 2

QUESTIONS:
(Choose the best response for each one)


1. Your _________________ rate determines the repayments you make on the money you borrow from a bank.
interest
internal
repayment

2. The money you borrow from a bank is called a _________________.
loaner
loan
lone

3. I have to _________________ another loan.
take out
go for
take in

4. If you'd like to buy a house, you will probably have to take out a _________________.
statement
mortgage
marriage

5. A _________________ mortgage ensures that your interest rate will not change.
variable rate
fixed level
fixed rate

6. Your home may be _________________ if you don't keep up repayments on your mortgage.
retaken
repositioned
repossessed

7. Usually banks have two types of personal accounts - checking and _________________.
savings
save
saver

8. You can _________________ paying account fees if you keep a minimum daily balance of $1000 on your account.
access
avoid
avert

9. What's the _________________ on my account? It's $450. ( = there's $450 in your account)
bail
money
balance

10. Usually, higher balances earn higher _________________ .
rates
cash
levels

Check answers at http://www.businessenglishsite.com/exercise_banking2.html