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 Annual percentage rate 3 Creditworthiness 4 Comparison shopping 5 Principal 6 Bankruptcy 7 Pay yourself first 8 Credit score 9 Diversification 10 Asset 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. 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. term that refers to how much confidence a lender can have in a borrower’s ability to repay a loan. APR, is the yearly interest rate charged on borrowed money. 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. the amount of money due on a loan before interest. legal status that a person or entity can enter when they're unable to repay their debts.
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