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| Term | Definition |
|---|---|
| collateral | property or item serving as security for a loan |
| dividend | payment of a portion of a companys earnings |
| bond | contract to repay borrowed money without interest at a specific time in the future. |
| mutual bonds. | pools of money from many people who are invested in a selection of individual stocks and bonds chosen by financial experts. |
| annual percentage rate | annual cost of credit expressed as percentage of the amount borrowed |
| commit | to perform ot bring about to pledge or assign oneself to a particular action. |
| warrant | the promise made by a manufacturer to replace a product within certain time. |
| consumerism | edu. of buyers |
| return | profit earned through investing |
| establish | to bring to existence |
| income | money recived from business labor and propery |
| comparison shopping | buying strategy to get best buy for the money |