Abandonment:
The voluntary relinquishment of ownership by failure to use the p . . .
Add On Interest:
Add on interest is a method of charging interest. Interest is com . . .
Amortization:
Amortization is payments of debt in equal instalments of principa . . .
Annual Percentage Rate (APR):
The yearly interest percentage of a loan . . .
Arrears:
A payment made after it is due is in arrears. Interest is said to . . .
Arrestment Arrestment:
Means that money or goods held by a thir . . .
Asset:
An asset is property that belongs to an individual. Including; re . . .
Attachment:
Means that goods held by the person in debt, eg a car, are 'froze . . .
Average Life:
The length of time that will pass before one-half of a debt oblig . . .
Balance:
The amount of money in an account, equal to the net of credits an . . .
Bankruptcy:
A form of debt relief, there are two kinds of bankruptcy. Persona . . .
Beneficial Loan:
A loan made by an employer to an employee on which interest is ei . . .
Beneficiary:
The Person who is entitled to receive funds of property under the . . .
Benefits:
Benefits are paid to you by the state and include income support, . . .
Binding:
For example, an agreement, which is binding cannot be legally avo . . .
Budget:
A list of all your income and expenditure is a budget. . . .
Budget Deficit:
A deficit is the gap between spending and revenue and thus the am . . .
Building Society:
'Mutual' non-profit-making institutions set up to lend money to t . . .
Cap Rate:
The discount rate used to determine the present value of a stream . . .
Cashcash:
Is currency and coins on hand, bank balances, and negotiable mone . . .