Money terms,
in everyday language.

Money set aside for future use.

Money or other resources used to start or operate an enterprise.

The amount borrowed, before interest and other charges under the contract.

The cost of using borrowed money, calculated using the agreed method and period.

The amount still owed. Ask whether the figure includes interest or other charges.

An asset provided as security for debt obligations under a contract.

A person who accepts obligations under a guarantee for another party.

The agreed period over which a debt is to be repaid.

A payment due on a scheduled date, potentially including principal, interest and other charges.

A document listing service charges and the conditions under which they apply.

The money you can use, which may differ from the total balance recorded.

A record of account inflows, outflows and balances over a period.

Revenue less the related costs for a period; it is not the same as cash on hand.

The timing and amount of money received and paid.

An ownership contribution governed by the cooperative’s rules; it is distinct from ordinary savings.

A code used to confirm an action or sign-in. Do not share it with someone who calls or messages you.