Ex.7. Look at the words and phrases in the box. Match them with the correct definition from the list below.
1. a plastic card, issued by a bank or finance company, which guarantees that payment for goods or services will be made to the seller by the card issuer. The cardholder then makes payment to the card issuer at a later date; 2. an agreement in which money is lent by a bank or a building society, etc. for buying a house or another property. The property acts as the security, it can be reclaimed by the lender if the mortgage payments are not made; 3. a loan made by a bank to a customer so he/she may take out more money than is actually in a bank account; 4. a system of making payments by having money transferred from an account; 5. a customer’s instruction to a bank to pay a certain amount to another person or organization at regular intervals; 6. a method of guarding against injury, loss or damage to property by paying a sum of money to an insurance company; 7. the amount that one must pay for a loan; 8. to enter new types of businesses.
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