A(n) _________ is something you buy, such as shares, bonds or profit, to make a long-term profit., investment, credit crunch, savings, All the money that you have saved, especially in a bank or financial institution is called ______., savings, loan, recession, __________ describes the situation when a company has less money than it did before, for example because sales have gone down., Bankruptcy, Losses, Stock market, The business of buying and selling stocks and shares is called the ________., loan, stock market, losses, When you are not able to pay your debts, this is called _______., bankruptcy, savings, credit crunch, A(n) _____ is an amount of money that you borrow from a bank, financial institution, etc., mortgage, loan, depression, A(n) ________ happens when borrowing money becomes difficult because banks reduce the amount they lend and charge high interest rates., stock market, Credit crunch, recession, A legal arrangement by which you borrow money from a bank in order to buy a house, and pay back the money over a period of years is called a(n) _________., mortgage, loan, bankruptcy, A(n) ________ is a difficult time when there is less trade or business activity in a country than usual., stock market, recession, mortgage, A long period during which there is very little business activity is the worst type of financial crisis and is known as an economic, credit crunch, Depression, losses

Unit 3

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