Utilize this glossary as a guide to economic terminology. If confused by any language on our very own site, make use of this glossary as techniques!
APR: Annual Percentage Rate (APR) ways the cost of borrowing cash. In summary, it reflects the interest rate.
Assets: nothing had by a specific.
Bank: A for-profit financial institution that accepts deposits and channel these deposits into lending tasks.
Personal bankruptcy: an ongoing process in which consumers can stop or pay some of or all their credit in coverage from the national bankruptcy courtroom.
Securities: A loan that an individual renders to a corporation, national, national department, or any other organization. Fortsätt läsa ”Glossary of Financial Terms, possessions: Everything had by an individual.”