Module Resources

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

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CREDIT 1

One of the three major credit reporting agencies.

An unsecured loan is a loan that has no collateral securing the loan.

A variable-rate loan is a loan where the APR can change when market indexes or other interest rates fluctuate.

INVESTING 1

A loan made, typically to a corporation or governmental entity, and provides a fixed income to the investor.

Interest earned on the original investment, plus interest earned on interest added to the investment.

Reducing risk by investing in multiple stocks and bonds.

(ETF) An investment fund traded on the stock exchanges.

A measure of what it costs to operate a mutual fund, expressed as a percentage of its assets.

FINRA oversees financial brokers and provides education resources, fund analyzers, and broker information.

Investopedia is a resource for individuals interested in learning about investing as well as other personal finance topics.

Financial Beginnings