Vocabulary acts as the gateway to knowledge in any domain, including finance. A small vocabulary can limit your understanding of basic financial concepts such as interest rates, inflation and compound ...

ALLOCATION - The assignment and reassignment of a cost or group of costs to one or more cost objectives based on a reasonable standard. Terms with assorted shades of meaning are cost reallocation, ...

Financial literacy is a critical life skill that can have a significant impact on an individual’s financial well-being and overall quality of life. It is important for individuals to continuously ...

Figuring out how to handle your money can be stressful enough without personal finance jargon getting in your way. Knowing the definitions behind words such as "amortization," "deductible," or "mutual ...

One of the fascinating things about investing is that, at times, it seems to have a language all its own. To the uninitiated, reading the financial press--and, in some cases, this website--can feel ...

Financial literacy is critical to transitioning from traditional financial services to digital finance or fintech platforms. Digital financial literacy is a significant barrier to fintech adoption, so ...

According to financial experts, one way to learn about money is to educate yourself about personal finance concepts. Specifically, making informed financial decisions can be achieved by reading books, ...

Even when throwing around common financial terms, it’s easy to get lost in the lingo, especially since most of us never had a personal finance class in school. That’s probably why 2 in 3 Americans can ...

Discover how financial innovation reshapes investing, banking, and payment systems with examples like crowdfunding and mobile ...