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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 |