Finance Dictionary
Master the language of money. Our comprehensive glossary breaks down complex financial jargon into simple terms.
The process of spreading out a loan into a series of fixed payments.
Interest calculated on the initial principal, which also includes all of the accumulated interest.
A personal finance measure that compares an individual's monthly debt payment to their monthly gross income.
A legal concept describing a financial instrument whereby an asset or escrow money is held by a third party.
A person or organization that acts on behalf of another person, putting their clients' interest ahead of their own.
The total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period.
The efficiency or ease with which an asset or security can be converted into ready cash without affecting its market price.
The original sum of money borrowed in a loan or put into an investment.