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.
Browse the glossary using this index
Special | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | ALL
Entries starting with: O |
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OVERDRAFT PROTECTIONWhen you spend more than is in your account and the bank still pays the items. |
OVERDRAWNYou have a negative balance in your account. |
Entries starting with: P |
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PERSONAL INJURY PROTECTION (PIP) Covers medical bills for individuals injured in a collision. |
Entries starting with: R |
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REGISTERWhere you write down debit purchases and deposits. |
REVOLVING CREDITRevolving credit is a type of loan that does not have a fixed number of payments. |
Entries starting with: S |
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SAVINGS ACCOUNTAn interest-bearing deposit account held at a bank or other financial institution. |
SAVINGS PLANA plan for how to put money towards short, intermediate, and long-term goals. |
SECURED LOANA secured loan is a loan guaranteed by something of value (collateral). |
SIMPLE INTERESTInterest earned on the original investment. |
STOCK Part ownership in a public corporation. The investor can earn dividend income and capital gains or suffer capital losses. |