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Glossary of Terms

These are financial institutions that are similar to banks. They started as a safe place to put your money and then became a place where you could get a ...
When you want to buy and sell stocks but don't want any advice or extra services, you can use a discount stockbroker. Advice and extra services, which you can get from a full-service...
This is a stockbroker who usually charges customers higher fees and commissions, but justifies the higher fees by providing "full service." This usually means advice and research on which...
This is a mortgage with an interest rate that does not change. When you are looking for a mortgage to buy property, a fixed rate mortgage means that the interest rate is fixed for the...
This is income tax that you pay to the federal government.
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