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 Pay yourself first 2 Bankruptcy 3 Principal 4 Asset 5 Comparison shopping 6 Creditworthiness 7 Diversification 8 Emergency fund 9 Credit score 10 Annual percentage rate 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. is a three-digit number that represents how likely a borrower is to repay a debt. money set aside for big, unexpected expenses such as job loss or large medical bills. any resource (tangible or intangible, owned or controlled) that holds value. consists of comparing the prices of similar products to determine which is least expensive. APR, is the yearly interest rate charged on borrowed money. term that refers to how much confidence a lender can have in a borrower’s ability to repay a loan. legal status that a person or entity can enter when they're unable to repay their debts. PYF, is a strategy in which saving is prioritized and made an essential cost in a budget.
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