Your Money. Your Choices. Your Future.

Personal Finance Blogs

Feedback

Feedback

Financial Literacy in the News

Glossary of Terms

This is an insurance phrase, often P.D. for short. It means damage to property, either yours or someone else's. Note that in automobile insurance it usually means damage to someone...
This is a type of trust that is established and operated by a charitable organization (often used by colleges). Donors can contribute funds to the trust and receive back payments from the trust based...
This is the date on which stock options can be exercised - in other words, the time when the owner of the stock options can decide whether or not to buy the shares. Note that once the...
An odd word, but if you buy or sell real estate you will almost certainly encounter it. Here is an example of escrow: Say you have a bet with your brother. The bet is for $10, but you think he might not pay you if you win, and he...
When you get a credit card or take out a loan to buy a car, you might be offered credit life insurance. This is a form of life insurance that...
An ESPP gives a company's employees the opportunity to buy stock in the company, usually by payroll deductions. Stock bought in this way is usually...
A recession is when there is a significant decline in the country's economic activity. The economy is usually said to be in a recession when the gross domestic product has...
1
2
3
4
5
6
7