Module Resources

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

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Entries starting with: F

Provides deposit insurance for protection for money in your bank account.

In order to make money, a bank or credit union may charge more than just interest.

The finance charge is the cost of credit. It includes interest, services charges, and transaction fees.

The name of the nonprofit who developed this program.

Another name for "risk," this is the amount that would be lost if an investment fails.

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

An expense that does not change.

A fixed-rate loan has an APR set when the loan is opened and remains the same throughout the entire term of the loan.

Financial Beginnings