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Definition
| The daily routine of handeling money to take care of an individuals needs by keeping enough avaliable for living expensives,emergencies,savings, and investments |
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| am insured intrested earning saving instruments with restricted acess to the fund |
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Definition
| a tool used to transfer funds deposited into the acount to make a cash purchase. |
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Definition
| an illusion which reprresentsthe trade offs betweenrisks and return for a number of investments |
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Definition
| the intrest rate will not change for the lifetime of the investment |
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Definition
| the value of an asset project to the end of a particualy time periode |
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Definition
| steady rise in he level of prices. Occurs when the supplyof money rises faster than the supply of goods and services avalible for p |
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Definition
| the purchase of assets with the goal of increasinng futur income |
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Term
| money market deposit account |
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Definition
| a government insured account offered at most depository institutions |
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Term
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Definition
| the speed and ease with which an asset can be converted into cash |
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Term
| money market deposit account |
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Definition
| a government insured account offered at the most depository institution |
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Definition
| time,number of payments or compouding periodes |
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Term
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Definition
| taking out a portion of a paycheck for saving or investing befor useing any of the check for calculations 0or loans |
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Term
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Definition
| the amount paid for each pay periode. PMT enters the payment amount in annuity calculation and loan calcutaion |
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