Module Resources


The purpose of this glossary is to organize resources throughout all modules.

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Entries starting with: 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.COM


ANNUALCREDITREPORT.COM website
The only source for your free credit reports authorized by Federal Law.

APR

The annual rate of interest charged to borrowers.

ASSETS

Things you own of value, even if you still owe money against them.

ATM

An electronic banking outlet that allows customers to complete basic transactions without the aid of a teller.

AUTOMOBILE INSURANCE

Coverage for auto accidents or damage to your vehicle in case of theft, collision, or break-in.

Entries starting with: B

BALANCE

The amount of money you have in your bank account.

BANKING BASICS

The topics covered in this learning module.

BANKRATE.COM


BANKRATE.COM website

Compare interest rates, crunch numbers, and get expert guidance for life's pivotal financial moments.

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