Financial Glossary
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Financial Words & Terminology Said
A b c D Age F Grams H We J K L Yards N O P Q Roentgen S T U V W X Y Z
1099-INT function: A tax mode that you will get from the borrowing from the bank partnership or almost every other financial institution that profile the fresh fee to you personally of interest attained on the coupons.
3-finger shelter password: The three-little first-rate web site to study finger (sometimes 4-digit) cover password shown into the a charge card lets resellers know that the fresh cards affiliate is myself carrying new cards as he otherwise she decides to buy something on line or over the phone.
401(k): A retirement savings bundle funded from the personnel contributions and, commonly, because of the partly complimentary benefits regarding the manager. Come across together with Roth 401(k).
Account: A business contract between two or more someone or businesses that includes new exchange of money or other advantage.
Accounts payable: Money you to definitely a company owes so you can suppliers of products and you may characteristics purchased on credit. Brand new profile payable count is actually an accountability to your organization. (Compare with profile receivable.)
Account statement: Monitoring of deals on the borrowing partnership equilibrium. In case the credit relationship offers online financial, you usually can view their statements on the web.
Accounts receivable: Money that’s owed to help you a pals to have products or services this has agreed to consumers to the credit. The brand new account receivable matter are a valuable asset to the company. (Compare to profile payable.)
Adjustable-rates financial (ARM): Home financing with an interest rate which can transform at the designated intervals, predicated on a published financial list.
Advertising: Product sales messages delivered in various models including: click, publications, billboards, characters, radio, television, and online. Advertisers purchase the area you to offers their content for your requirements. (The definition of “ads” represents advertisements.)
Attraction card: A kind of charge card provided as you by the a lending institution and you will a beneficial nonfinancial organization, for example a retail store or perhaps not-for-profit class. (Called an effective cobranded card because it holds each partner’s identity.) While the an attraction cardholder, you usually have earned offers or any other special deals out of new nonfinancial partner. In some instances, such in the event the nonfinancial lover is a green class, using the cards means that the group receives a donation within the your own name on amount of a portion of one’s pick. Constantly an attraction credit will cost significantly more to utilize than simply an effective mastercard straight from a cards partnership or other lender.
Western Stock-exchange: The newest American Stock market (ASE) is acquired by NYSE inside the 2008 and you can became NYCE Amex Equities in ’09. They covers from the 10% of all of the American deals.
Annual payment yield (APY): The latest effective annual rate regarding go back considering the end result from apr. The convenience is dependent on its ability to standardize different desire-speed plans to your a keen annualized percentage matter.
Annuity: A contract anywhere between a consumer and you will an insurance business or good financial institution. The consumer spends currency into the insurance provider in exchange for a stream of income. Income on the resource was taxation-deferred before the individual begins getting payments.
Asset: Things useful that a person otherwise organization possess. For example cash, bonds, levels receivable, directory, and assets such house, office equipment, or a house otherwise automobile. (Compare with accountability. A comparable product will likely be both a secured item and you may a responsibility, according to your own perspective. Such, a loan try a liability on debtor as it signifies bad debts that might be repaid. However, on bank, a loan are a valuable asset because it represents currency the financial institution are certain to get subsequently given that borrower repays the debt.)