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Associate the definition with the word.WORDS1. Asset2. Output3. Collateral4. Liabilitie...
Associate the definition with the word.
WORDS
1. Asset
2. Output
3. Collateral
4. Liabilities
5. Mortgage
DEFINITIONS
( ) Something valuable that you promise to give as guarantee for a loan.
( ) Total amount of something a person, a machine or an industry produces.
( ) Anything of value owned by a business that can be used to produce goods, pay debts etc.
( ) Loan by whicha bank or a similar financial institution lends somebody money to buy property.
( ) Money thata company will have to pay to someone else, for example: bills, taxes, debts, and interest.
The correct sequence of this association is:
A
1, 3, 2, 4, 5.
B
3, 2, 1, 5, 4.
C
1, 5, 3, 4, 2.
D
3, 5, 4, 2, 1.
E
5, 2, 1, 3, 4.