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The amount of money you borrowed is called the what?
The original amount of money borrowed is known as the principal.
A charge for borrowed money usually the percentage of the amount borrowed is called?
That is called "interest"
What is Payment made for the use of borrowed money called?
Payment made for the use of borrowed money is called interest. Interest expense is shown on an income statement as a non-operating expense.
Money borrowed on a credit card is called?
cash advance
What is a certificate that promises to repay borrowed money called?
A Bond (:
The amount of money you borrowed is called the what?
The original amount of money borrowed is known as the principal.
A charge for borrowed money usually the percentage of the amount borrowed is called?
That is called "interest"
The amount of money invested or borrowed is called what?
principal
What is Payment made for the use of borrowed money called?
Payment made for the use of borrowed money is called interest. Interest expense is shown on an income statement as a non-operating expense.
Money borrowed on a credit card is called?
cash advance
What is a certificate that promises to repay borrowed money called?
A Bond (:
The amount of money deposited or borrowed is the?
It is sometimes called the capital.
Sum of money borrowed to buy a house is called what?
Loan
What is called money borrowed using a credit card a cash?
a loan
What is the payment for the use of borrowed money?
Payment made for the use of borrowed money is called interest. Interest expense is shown on an income statement as a non-operating expense.
Which refers to the predetermined amount an individual must pay for the use of borrowed money?
The predetermined amount an individual must pay for the use of borrowed money is called interest.
A default in personal finance is called what?
Failure to repay borrowed money in a timely manner is called.
