Learn the terms behind money, markets, and investing with quick definitions designed to stick.
Anything with economic value that a person or business owns.
A debt or obligation that requires future payment.
The value of assets minus the value of liabilities.
Money received from work, investments, or other sources.
Money paid or owed for goods, services, or other costs.
Money moving into and out of an account or business over time.
A plan for how income will be spent, saved, and invested.
Income set aside rather than spent immediately.
Accessible savings reserved for unexpected costs or income loss.
The original amount invested or borrowed before interest.