Which term is NOT properly matched with a fitting definition/description? 2 points
Investment: Putting money into something to gain profitable returns
Down Payment: The amount of money paid upfront at the time of purchase
Securitized Loan: A secure loan that is protected by security, or collateral, to ensure
loan repayment
Foreclosure: When someone starts making payments on a mortgage and the lender
sends a thank you note.
Collateral: Security given for the payment of a loan
Credit: An agreement by which a borrower receives something of value now and
agrees to pay the lender at a later date

Q&A Education