Module Resources


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

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Browse the glossary using this index

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Entries starting with: T

TARGET DATE RETIREMENT FUND

A Mutual Fund that gradually changes the mix of stocks versus bonds depending on the age of the investor.

TIME VALUE OF MONEY

The concept that money you have now is worth more than the identical sum in the future due to its potential earning capacity.

TOTAL RETURN

The income plus the capital gain/loss earned by the investment.

TRANSUNION.COM


TRANSUNION.COM website

One of the three major credit reporting agencies.

Entries starting with: U

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.

UNSECURED LOAN


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

Entries starting with: V

VARIABLE EXPENSES

An expense that can change.

VARIABLE-RATE LOAN


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

Entries starting with: W

WEALTH

A measure of the total value of all the assets of worth a person possesses. Wealth is personally defined and is not just tied to money.

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