Credit

Credit enables people to obtain goods or services even if they do not have enough money to pay... More >>

Credit card

Credit card allows people to charge goods and services at business places that accept the card.... More >>

Discount

Discount is a term applied in business to a deduction from a stated price or from a payment due... More >>

Installment plan

Installment plan is a method of buying on credit. A store which sells goods on the installment... More >>

Interest

Interest is the price paid to lenders for the use of their money. Interest is figured as a... More >>

Moratorium

Moratorium, mawr uh TAWR ee uhm, is a postponement of the time for payment of debts or financial... More >>

Mortgage

Mortgage is a loan agreement that enables a person to borrow money to purchase a house or other... More >>

Usury

Usury, YOO zhuhr ee, is interest at a higher rate than the law allows. The person or institution... More >>