When you’re investing or saving, this is the interest that you earn on the amount you deposit, plus any interest you’ve accumulated over time.
Compoundinterest
A number used by banks and other financial institutions to measure a borrower’s credit worthiness.
FICOscore
The difference between your assets and liabilities.
networth
The process by which you choose what proportion of your portfolio you’d like to dedicate to various asset classes, based on your goals, personal risk tolerance and time horizon.
Assetallocation
Commonly referred to as fixed-income securities.
Bonds
The increase in the value of an asset or investment — like a stock or real estate — above its original purchase price.
Capitalgains
The process of buying or selling securities over time in order to maintain your desired asset allocation.
Rebalancing
Also called equities or shares.
Stocks
This is the process of paying off your debt in regular installments over a fixed period of time.
Amortization
A type of mortgage in which the interest you pay on your outstanding balance rises and falls based on a specific benchmark.
ARM
An account held by an impartial third party on behalf of two parties in a transaction.
Escrow
A mortgage that carries a fixed interest rate for the entire life of the loan.
Fixed-rate mortgage
Employer-sponsored retirement plans, such as pensions, in which the employer promises a specified retirement benefit based on a formula that may include an employee’s earnings history, length of employment and age.
Defined-benefit plans
Companies often use these as management incentives.
stockoptions
The payments you make to an insurance company in return for protection from financial losses within the scope of your policy.
Premium
Used to determine your taxable income, minus any additional IRS-qualified deductions that you’re eligible to take.
AGI
A person who is financially dependent on your income, typically a child or an adult relative you may support.
Dependent
A standard amount that can be used to reduce your taxable income if you decide not to itemize your deductions.
Standarddeduction
A qualified expense that the IRS allows you to subtract from your adjusted gross income, which further reduces your taxable income.
Itemizeddeduction
A type of policy that provides additional liability coverage beyond what your home, auto or boat insurance may provide.
Umbrellainsurance

Preview of Crossword

Make this Crossword your own

Add, edit, delete clues, and customize this crossword. Print copies for an entire class. All in 5 minutes.

Icon crossword    Create my Crossword now    

Your customized Crossword will be in your hands in five minutes.

Related Puzzles

Compliance Crossword Puzzle

38 terms
Created on Feb 15, 2016

Personal Finance Definitions

16 terms
Created on Feb 22, 2016

SS8E5

18 terms
Created on Mar 3, 2016

Personal Finance Vocabulary Two

17 terms
Created on Apr 8, 2016

Unit 6: Introduction to Investing

24 terms
Created on Apr 19, 2016

Money Skills

25 terms
Created on May 9, 2016

Unit 4 review

22 terms
Created on May 20, 2016

Insurance Review

17 terms
Created on Jun 2, 2016

bus vocab

25 terms
Created on Aug 8, 2016

Accounting Terms: Back to Basics

26 terms
Created on Sep 25, 2016

SBA vocab

28 terms
Created on Sep 26, 2016

Vocabulary

24 terms
Created on Sep 26, 2016

SBA words

27 terms
Created on Sep 26, 2016

Vocabulary

28 terms
Created on Sep 26, 2016

alex aguirre vocab

31 terms
Created on Sep 26, 2016

Business Vocabulary

25 terms
Created on Sep 27, 2016

Financial Planning Vocabulary

14 terms
Created on Oct 16, 2016

Untitled

24 terms
Created on Nov 5, 2016

Match Vocabulary

26 terms
Created on Dec 13, 2016

Show Me the Money!!

26 terms
Created on Jan 11, 2017