Modern American life is filled with the language of mortgages, credit cards, investing, inheritances, pensions, and all the other financial situations we find ourselves in every day. A basic understanding of this vocabulary is essential in making smart money decisions. 1001 Financial Words You Need to Know defines and demystifies the essential terminology of money and commerce. Comprehensive but never condescending, financial expert David Bach explains every term clearly, including a sample sentence and supplemental notes for many entries. In addition, he includes a number of quick miniguides to managing your financial life that include information on understanding credit and compound interest, balancing your portfolio, making a savings plan, buying property, and purchasing insurance. The appendixes in the back contain an extensive list of common financial equations and a helpful bibliography of business books for further reading.
An ideal guide for everyone from business school students to homeowners taking out a mortgage, 1001 Financial Words You Need to Know is the perfect vocabulary-building companion to the complex world of money and finance.