Discover key financial terms explained simply to help you make smarter money decisions.
Default enrollment in employer-sponsored plans
Reinvesting income automatically back into the investment
Economic policies that self-adjust with economic changes
Scheduled transfer of funds between accounts
Service for automatic fund transfers between accounts
Amount of unused credit on a credit line
Average yearly growth rate over a period
Mean balance over a specified period in an account
Time taken to collect credit sales
Method for calculating the cost of multiple asset purchases
Cost basis method using the average purchase price
Average balance in an account over a billing cycle
Average revenue per occupied room
Average time until half of a debt is repaid
Revenue earned per user over a specific period
Measure of market volatility over time