Economics
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| A.P.R. | Annual Percentage Rate
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| A.P.Y. | Annual Percentage Yield
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| Balance | A certain amount of money
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| Capacity to Pay | How much you are able to afford
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| Capital Gains | A profit from the sale of property or an investment
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| C.D.'s | Certificate of Deposit
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| Character | The financial history of a person
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| Checking Account (DDA) | An account at a bank against which checks can be drawn by the account depositor
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| Collateral | An item of value pledged to secure a loan
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| Comprehensive Insurance | Protects against damage to your vehicle caused by non-collision that are outside of your control
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| Collision Insurance | Pays the cost of repairing or replacing your vehicle if it is damaged in an accident, regardless of who is at fault
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| Co-Payement | A fixed amount you pay for a covered health care service after you've paid your deductible
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| Corporate Bond | A bond issued by a corporation in order to raise financing for a variety of reasons
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| Credit Score | A numerical rating representing the perceived ability of a person or organization to fulfill their financial commitments
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| Credit Union | A nonprofit-making money cooperative whose members can borrow from pooled deposits at low interest rates
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| Debit Card | A card issued by a bank allowing the holder to transfer money electronically to another bank account when making a purchase
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| Deductible | The amount you pay for covered health care services before your insurance plan starts to pay
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| Depreciation | A reduction in the value of an asset with the passage of time
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| Diversification | The action of diversifying something or the fact of becoming more diverse.
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| Dividends | A sum of money paid regularly (typically quarterly) by a company to its shareholders out of its profits
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| Dow Jones Industrial Average | A stock market index of 30 prominent companies listed on stock exchanges in the United States
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| FAFSA | Free Application for Federal Student Aid
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| FDIC Insured | The Federal Deposit Insurance Corporation which insure your money in a bank account up to $250,000
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| FICA | Federal Insurance Contributions Act; collects social security
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| Grants | A sum of money given by a government or other organization for a particular purpose
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| Gross Income | The total amount earned before taxes or other deductions
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| H.M.O. | A medical insurance group that provides health services for a fixed annual fee
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| Index Fund | a portfolio of stocks or bonds designed to mimic the composition and performance of a financial market index
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| Installment Loan | A credit account that provides a lump sum to be paid off over time in equal monthly payments
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| Investment | Commitment of resources to achieve later benefits
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| Invoice | What a car manufacturer charges the dealer for the vehicle
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| I.P.O. | Initial Public Offering of a company's stock
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| I.R.A. | Independent Retirement Account
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| Lease | A contract by which one conveys real estate, equipment, or facilities for a specified term and for a specified rent
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| Maturity | The date on which the life of a transaction or financial instrument ends
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| Money Market Account (MMA) | A deposit account that pays interest based on current interest rates in the money markets
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| Mortgage | A creditor lends money at interest in exchange for taking title of the debtor's property
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| M.P.G. | Miles per Gallon
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| M.S.R.P. | Manufacture Suggested Retail Price; what the base price of a product is
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| Mutual Fund | They let you pool your money with other investors to "mutually" buy stocks, bonds, and other investments
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| NASDAQ | The largest stock market in the U.S.A.
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| Net Monthly Income | The money you actually get from your paycheck each month
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| Par Value | The nominal value of a bond, share of stock, or a coupon as indicated in writing on the document
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| P.P.O. | A type of medical plan in which coverage is provided to participants through a network of selected health care providers
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| Premium | An amount to be paid for an insurance policy
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| Principal | The money that you originally agreed to pay back
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| Revolving Loan | Occurs when a lender grants a borrower money up to an approved limit
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| Room and Board | Lodging and food, typically forming part of someone's wages or included in some other agreement.
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| S & P 500 | A stock market index tracking the stock performance of 500 of the largest companies listed on stock exchanges in the United States
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| Savings Account | A bank account that earns interest.
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| Security Deposit | A one-time deposit of money given to the landlord at the time of lease signing to ensure that rent will be paid and other responsibilities on the lease are performed
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| Stocks | A share which entitles the holder to a fixed dividend, whose payment takes priority over that of common-stock dividends
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| Stock Split | An issue of new shares in a company to existing shareholders in proportion to their current holdings
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| Tenant | A person who occupies land or property rented from a landlord
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| Tuition | A sum of money charged for teaching or instruction by a school, college, or university
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| U.S. Treasury Bond | Government debt securities issued by the U.S. Federal government that have maturities of 20 or 30 years
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