Question

a legal agreement to borrow money for the purchase of a home; the value of a property above any loans that are owed; to buy something on credit; a payment that is made over a long period of time; a legal agreement allowing a person to use a car or property for a payment; finance; mortgage; lease; equity; installment

Explanation:

We match each definition to the correct financial term:

1. "a legal agreement to borrow money for the purchase of a home" → mortgage (a mortgage is a loan for buying a home).
2. "a legal agreement allowing a person to use a car or property for a payment" → lease (a lease is a rental agreement for property or vehicles).
3. "the value of a property above any loans that are owed" → equity (equity is the property value minus debt).
4. "to buy something on credit" → finance (financing means obtaining credit to purchase something).
5. "a payment that is made over a long period of time" → installment (installments are payments made over time, often for loans or purchases).

Answer:

• "a legal agreement to borrow money for the purchase of a home" → mortgage
• "a legal agreement allowing a person to use a car or property for a payment" → lease
• "the value of a property above any loans that are owed" → equity
• "to buy something on credit" → finance
• "a payment that is made over a long period of time" → installment