Tuesday, May 21, 2024, 11:04 AM
Site: Financial Beginnings
Course: Financial Beginnings (Home)
Glossary: Module Resources
L

LEVERAGE

To use something to maximum advantage (as in leveraging debt).

LEVERAGING DEBT

The use of debt to amplify returns.

LIABILITIES

The debts and other financial obligations of a person; the opposite of assets.

LIFE INSURANCE

Provides coverage after death and is often paid to a family member.