One who owes money to another is known as

Related MCQs

• "Bad money will drive out good money from circulation." This is known as :
• A sum of money or other property owed by one person or organization to another is called
• The borrowing of a sum of money by one person, company, government or other organization from another is called:
• If he Central Bank wants to encourage an increase in the supply of money and decrease in the cost of borrowing money, it should -
• The accumulation of idle money balances or inactive money is called:
• The price at which one currency is exchanged for another currency is known as:
• The value of a commodity expressed in terms of money is known as -
• A trade of goods and services in the exchange for other goods or services rather than for money is known as:
• Money placed in an account at a financial institution and constituting a claim on it is known as
• A non-negotiable order of a bank to a foreign bank authorizing payment to a person designated of a particular sum of money is known as: