Multiple choice

What is a loan?

  1. money that a business makes after paying its costs

  2. A sum of money that is lent, usually with an interest fee:

  3. money put into a business with the expectation of profit

  4. portion of a company's value
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A loan is a financial arrangement where one party provides money to another, with the expectation that the principal will be repaid, usually with interest added.

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