A financial product that provides a guaranteed income for life or a specified term.
Represents the actual yearly cost of funds over the term of a loan.
Shows what the interest rate would be if it was compounded yearly.
Anything owned that has a monetary value.
Debt securities which are similar to IOUs.
Wealth in the form of money or property.
Tax on profit made from selling something at a higher price than you paid.
A tax-free savings account.
Interest on both the principal and also on accumulated interest.
An assessment of a person’s creditworthiness based on their credit history.
Amounts of money that are owed.
A portion of a company’s earnings paid to shareholders.
Another term for shares or stocks in a company.
Funds that track indices but can be traded like individual stocks.
An interest rate that does not change over a specified period.
Income before any taxes and deductions.
Investment funds that pool capital from individuals or institutions and invest in various assets.
The rate at which the general level of prices rise, causing purchasing power to fall.
A savings account with tax-free or tax-reduced returns.
How quickly an asset can be converted into cash.
A loan specifically used to purchase real estate.
Income after taxes and deductions.
A fund into which a sum of money is added during an employee’s employment years and from which payments are drawn to support the person’s retirement.
A range of investments held by a person or organization.
Companies that own or finance income-producing real estate in various sectors.
Financial instruments representing ownership (stocks), a debt agreement (bonds) or the rights to ownership (derivatives).
Units of ownership interest in a company.
A tax on property and land transactions.
Equity investments that represent a share of ownership in a company.
A reduction in the amount of tax that must be paid.
A legal arrangement where assets are held by one party for the benefit of another.
Income returned on an investment.