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: C |
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CASH FLOWMoney flowing in and out. |
CHECKA piece of paper that you write out to indicate how much you want to pay someone. |
CHECKING ACCOUNTA deposit account held at a financial institution that allows withdrawals and deposits. |
ChexSystems®A consumer credit reporting agency that provides data related to how a consumer has handled deposit accounts. |
COLLATERALCollateral is an asset pledged by a borrower to secure a loan or other credit. |
COLLISION COVERAGEIs a no-fault coverage which pays for damages to the insured’s vehicle when in a collision. |
COMPOUND INTERESTInterest earned on the original investment, plus interest earned on interest added to the investment. |
COMPREHENSIVE COVERAGE Provides coverage for the insured’s vehicle in the event of non-collision damages such as theft or a chipped windshield. |
CONSUMER.FTC.GOVCONSUMER.FTC.GOV website The Federal Trade Commission enforces the credit laws that protect your right to get, use, and maintain credit. |
CONSUMERFINANCE.GOVCONSUMERFINANCE.GOV website The Consumer Financial Protection Bureau is an agency of the U.S. government responsible for consumer protection in the financial sector. |