Discover key financial terms explained simply to help you make smarter money decisions.
Initial cost of an asset adjusted for certain factors
Company’s book value after adjustments
Stock’s closing price after adjustments
Original cost of an asset adjusted for improvements
EBITDA adjusted for specific expenses
Total income minus specific deductions
Gross margin after adjustments for specific expenses
Profit margin after adjusting for irregular expenses
Gross profit adjusted for specific factors
NAV after accounting for adjustments
Statistical measure of a model’s accuracy
Mortgage with variable interest rates
Overhead costs associated with running a business
Charge for account maintenance or processing
Fee paid upfront before services are rendered
High-risk individuals more likely to seek insurance
Written statement used as legal evidence
Measure of housing affordability
Earnings remaining after income taxes are deducted
Total demand for goods and services in an economy
