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Terms in this set (40)
a fixed charge for borrowing money; usually a percentage of the amount borrowed; "how much interest do you pay on your mortgage?"
interest paid on the principal alone
interest calculated on both the principal and the accrued interest
an estimate, based on previous dealings, of a person's or an organization's ability to fulfill their financial commitments
An opportunity to make money
Rate of return
The return on an investor's capital. Also called Yield. Expressed in a percentage
money that is invested with an expectation of profit
The total amount of money made.
Also called profit. Calculated as the Revenue - Expenses
A plan of incoming and outgoing monies. Expense and Income.
an expense is an outflow of money to another person or group to pay for an item or service, or for a category of costs.
The difference between your total assets and total liabilities
a financial document that shows how much money (revenues) came in and how much money (expenses) was paid out
The money originally invested or loaned, on which basis interest and returns are calculated
Annual Percentage Rate
Annual Percentage Yield
The rate of return received for one whole year, including the compound interest.
Certificate of Deposit
Federal Deposit Insurance Corporation
A legal determination that an individual or corporation is unable to pay debts.
Act of expending or paying out; An amount expended; an expense; an outlay
A plastic card issued by a bank authorizing payment for purchases. Interest is charged on the outstanding balance.
An agreement to repay a loan with interest over a certain period by the owner of a property to the mortgagee.
nonpayment: loss resulting from failure of a debt to be paid
A company that owns a majority interest in another company (subsidiary) and controls management and operations of that subsidiary.
A type of creative thinking in which one creates distinctive solutions to problems thinking "outside the box"
Return On Investment
(ROI) the ratio of money gained or lost on an investment relative to the amount of money invested. (usually stated in percentage form)
Rate of Return
(ROR) the ratio of money gained or lost on an investment relative to the amount of money invested. (usually stated in percentage form)
The percentage gain in an investment (calculation: take the amount gained and divide it by the initial investment)
a building in which each unit is owned by an individual but the grounds, structure etc is owned jointly; a unit or apartment in such a complex; the legal tenure involved; joint sovereignty over a territory
Land including all the natural resources and permanent buildings on it.
A method of retiring or liquidating a debt by making periodic and regular installment payments
a table detailing each periodic payment on an amortizing loan (typically a mortgage), as generated by an amortization calculator.
upfront payment of a portion of a purchase price, thereby reducing the balance.
the ownership interest in an investment (house, car, land etc.) or the percentage of the asset that you actually own
The process by which a home owner loses their home due to non-payment of mortgage, violating the due on sale clause, failing to keep taxes and insurance paid, or failing to maintain the home.
Socially responsible investing, also known as socially-conscious or ethical investing, describes an investment strategy which seeks to maximize both financial return and social good.
New York Stock Exchange
Dow Jones Industrial Average
is the removal or withholding of information from the public by a controlling group or body. Typically censorship is done by governments, religious groups, or the mass media, although other forms of censorship exist. ...
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