Decode the jargon and speak the language of money with clarity.
The process of spreading out a loan into a series of fixed payments over time.
The annual rate charged for borrowing or earned through an investment.
An investment strategy that aims to balance risk and reward by apportioning a portfolio's assets according to an individual's goals, risk tolerance, and investment horizon.
A market condition in which the prices of securities are falling, and widespread pessimism causes the negative sentiment to be self-sustaining.
A market condition in which prices are rising or are expected to rise.
Interest calculated on the initial principal, which also includes all of the accumulated interest of previous periods.
A numerical expression based on a level analysis of a person's credit files, to represent the creditworthiness of an individual.
A risk management strategy that mixes a wide variety of investments within a portfolio.
The value of the shares issued by a company, or the value of an asset minus the value of all liabilities on that asset.
A financial instrument provided by banks which provides investors a higher rate of interest than a regular savings account, until the given maturity date.
A type of mutual fund or exchange-traded fund (ETF) with a portfolio constructed to match or track the components of a financial market index.
Something a person or company owes, usually a sum of money.
A company that pools money from many investors and invests the money in securities such as stocks, bonds, and short-term debt.
The value of all the non-financial and financial assets owned by an institutional unit or sector minus the value of all its outstanding liabilities.
The rate at which the central bank of a country lends money to commercial banks in the event of any shortfall of funds.