Ninety-nine financial terms you should know.

Whenever you hear someone speak personal finance, do you feel like you’re learning a foreign language? Do you feel lost when reading or hearing financial terminology from your bank, insurance, or investment agent or the IRS? You’re not alone!

Financial ignorance carries significant costs and results in spending more on transaction fees and getting overextended with debts as you are a ripe prospect for predatory practices. If you cannot comprehend basic financial concepts, such as interest compounding and financial risk diversification, you’re paying higher transaction fees, you pile up unmanageable debts, and you also end up paying higher interest on loans.

Well-being and freedom starts with financial education.

It’s the single biggest skill that can ensure economic well-being and freedom. In modern parlance, it is known as financial literacy. It is a combination of financial awareness, knowledge, skills, and attitudes necessary to make sound financial decisions and ultimately achieve individual financial well-being.

If you have a grasp of financial principles, you are able to better understand and negotiate the financial landscape and avoid financial pitfalls.

The good news is that you don’t have to be an accountant or a financial planner to negotiate in the world of business finance. This practical glossary contains 99 important and most commonly used business finance terms and definitions in alphabetical order. It was written with an emphasis to quickly grasp the context without using jargon.

Every financial term is explained in detail, with clear and concise article style description and practical examples.

The 99 terms in this book will equip you with the most needed financial knowledge and skills. They will strengthen your attitude and belief in yourself to make and exercise informed, confident, and timely money management decisions.