Related Words

Finance: Finance deals with matters related to money and the markets.

Amount Financed: A required Truth in Lending Act disclosure for consumer loans. It is calculated by starting with the full amount borrowed (principal) and subtracting out the dollar amount of prepaid finance . . . View Full Definition

Finance Charge: The finance charge is a disclosure that appears on the Truth in Lending Act Disclosure Statement. It is intended to show the cost of your loan as a dollar amount. It includes (1) interest th . . . View Full Definition

Internal Finance: Finance generated within a firm by retained earnings and depreciation.

Minimum Finance Charge: A minimum finance charge is a fee collected by a credit card issuer each billing period. It applies when the actual finance charge you owe isn’t equal to or larger than this minimum. For exa . . . View Full Definition

Refinance: To repay one or more existing mortgage loans by getting a new mortgage loan.

Behavioral Finance: Behavioral finance combines psychology and economics to explain why and how investors act and to analyze how that behavior affects the market. Behavioral finance theorists point to the marke . . . View Full Definition

Emergency Home Finance Act Of 1970: A reserve of cash kept available to meet the costs of any unexpected financial emergencies.

Captive Finance Company: Interest that is not immediately expensed, but rather is considered as an asset and is then amortized through the income statement over time.

External Finance: Related: Pricing efficiency