Most Financial Terms

An employer-sponsored retirement savings plan in the United States.

The yearly cost of borrowing money, including interest and fees.

Anything you own that has value, such as cash, property, or investments.

A plan that shows how you will earn, spend, and save money.

Money or assets used to invest or run a business.

Money coming in and going out of your finances.

Property used to secure a loan.

A number that shows how trustworthy you are when borrowing money.

Money you owe to a lender.

Money paid to shareholders from a company’s profits.

Savings used for unexpected expenses like medical bills or repairs.

Money you spend on needs or wants.

A personal retirement savings account with tax benefits.

Money you receive, usually from work, business, or investments.

The rise in prices over time, reducing purchasing power.

Protection against financial loss in exchange for regular payments.

The cost of borrowing money or the reward for saving money.

Money put into something with the goal of earning more money.

Money you owe to someone else, such as loans or credit card debt.

How quickly an asset can be turned into cash.

Money borrowed that must be repaid over time, usually with interest.

When expenses are greater than income.

A loan used to buy a home or property.

What you own minus what you owe.

The amount paid for insurance coverage.

Money left after all expenses are paid.

The time in life when you stop working and live on savings and investments.

Money set aside for future use or emergencies.

A share of ownership in a company.

Money paid to the government to fund public services.