Tuesday, April 30, 2024, 12:15 PM
Site: Financial Beginnings
Course: Financial Beginnings (Home)
Glossary: Module Resources
A
ANNUAL PERCENTAGE RATE (APR) The annual rate of interest charged to borrowers. |
ANNUAL PERCENTAGE YIELD (APY)The total annual interest earned on a deposit account; includes interest rate and the frequency of compounding interest. |
ANNUALCREDITREPORT.COMANNUALCREDITREPORT.COM website The only source for your free credit reports authorized by Federal Law. |
APRThe annual rate of interest charged to borrowers. |
ASSETSThings you own of value, even if you still owe money against them. |
ATMAn electronic banking outlet that allows customers to complete basic transactions without the aid of a teller. |
AUTOMOBILE INSURANCECoverage for auto accidents or damage to your vehicle in case of theft, collision, or break-in. |
B
BALANCEThe amount of money you have in your bank account. |
BANKING BASICSThe topics covered in this learning module. |
BANKRATE.COMBANKRATE.COM website Compare interest rates, crunch numbers, and get expert guidance for life's pivotal financial moments. |