Module Resources

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

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Entries starting with: S

SAVINGS ACCOUNT

An interest-bearing deposit account held at a bank or other financial institution.

SAVINGS PLAN

A plan for how to put money towards short, intermediate, and long-term goals.

SECURED LOAN


A secured loan is a loan guaranteed by something of value (collateral).

SIMPLE INTEREST

Interest 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.