Module Resources
The purpose of this glossary is to organize resources throughout all modules.
Browse the list or use the Search field to filter by keyword.
| All categories |
PROTECTION 1 |
|---|
NAIC.ORGThe National Association of Insurance Commissioners has learning resources for consumers and can direct you to your state’s insurance department for additional resources or to file a complaint. |
PERSONAL INJURY PROTECTION (PIP) Covers medical bills for individuals injured in a collision. |
UNDERINSURED MOTORIST COVERAGE Provides coverage after the other party’s insurance has been exhausted. |
UNINSURED MOTORIST COVERAGE Provides coverage if one sustains damage caused by an uninsured driver. |
SPENDING 1 |
|---|
ANNUAL PERCENTAGE YIELD (APY)The total annual interest earned on a deposit account; includes interest rate and the frequency of compounding interest. |
APRThe annual rate of interest charged to borrowers. |
ATMAn electronic banking outlet that allows customers to complete basic transactions without the aid of a teller. |
BALANCEThe amount of money you have in your bank account. |
BANKING BASICSThe topics covered in this learning module. |
BANKSFor-profit companies that pay taxes and serve to make its owners a profit. |