Loans, loan-related terminology in English 3

QUESTIONS:
(Choose the best response for each one)


1. If you default on a loan, your _________________ can take a number of actions to recover the money.
lender
reimbursement
court

2. I have to make _________________ to repay my loan.
arrangement
arrangements
the arrangement

3. They might _________________ ( = retain, keep) part of your salary.
uphold
hold up
withhold

4. There is a way to _________________ the repayment period. ( = to prolong this period)
extend
unlock
uphold

5. _________________ involves paying off several loans together.
Comiseration
Consultation
Consolidation

6. To __________________ payment = To pay later, to postpone payment
differ
defer
disperse

7. These payments have to be made on a monthly __________________. ( = every month)
basis
timetable
schedule

8. For tax __________________, you may be considered "single", even though you are actually married.
goals
purposes
aims

9. We will also require an offical document __________________ by your employer stating how much you earn per year.
conjured
issued
invoked

10. A cosignor is legally _________________ ( = responsible) for the repayment of the loan.
trustful
trustworthy
liable

Check answers at http://www.businessenglishsite.com/finance-loan-related-terms3.html