Relier Pairs Financial literacy vocabularyVersion en ligne Here are some words to improve your financial literacy in English. From this page https://www.opploans.com/oppu/articles/vocabulary-financial-literacy/ par Elsa Nahomi Rivas Valencia 1 Emergency fund 2 Credit score 3 Diversification 4 Annual percentage rate 5 Comparison shopping 6 Asset 7 Bankruptcy 8 Principal 9 Pay yourself first 10 Creditworthiness term that refers to how much confidence a lender can have in a borrower’s ability to repay a loan. is a three-digit number that represents how likely a borrower is to repay a debt. consists of comparing the prices of similar products to determine which is least expensive. the amount of money due on a loan before interest. It spreads investments over different assets with varied risk potential. Helps to reduce the overall risk of loss. legal status that a person or entity can enter when they're unable to repay their debts. money set aside for big, unexpected expenses such as job loss or large medical bills. PYF, is a strategy in which saving is prioritized and made an essential cost in a budget. any resource (tangible or intangible, owned or controlled) that holds value. APR, is the yearly interest rate charged on borrowed money.
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