certificate issued by a bank to a person depositing money for a specified length of time

deposit account held at a financial institution which allows withdrawals and deposits

person's financial debt or obligation

type of savings account which usually earns a higher amount of interest than a basic savings account

total of an individual's current liabilities and subtracting them from the total current assets

interest-bearing deposit account held at a bank which provides a modest interest rate

restricting expenses and keeping the unspent money in one's own custody for the purpose of accumulating it

degree to which an asset can be quickly bought in the market without affecting the asset's price

act of buying an asset to generate returns from it over a period of time while also taking care of risk and volatility

rate at which the general level of prices for goods and services is rising and, consequently, the purchasing power of currency is falling

reward for lending money

interest which is calculated on the initial principal as well as the accumulated interest of previous periods

companies engaged in the business of dealing with monetary transactions, such as deposits, loans, investments and currency exchange

financial institutions which provide security and convenience to customers

financial intermediaries which perform a variety of services for businesses and some governments

corporations which pool risk by collecting premiums form a large group of people who want to protect themselves against a particular loss

intermediaries between buyers and sellers to facilitate securities transactions

type of savings account which earns a higher interest rate than a standard savings account

type of mutual fund which only invests in low-risk securities

contract between an investor and an insurance company in which the company promises to make periodic payments to the investor

tax-advantaged savings plan designed to encourage saving for future college costs

employer-sponsored retirement savings plan

sum of money due to another

legal right to obtain valuable property (e.g., certificate of deposit, car, boat) of the person borrowing, in the event they are unable to repay the loan

an individual or business which seeks to borrow credit (cash) from a financial institution

institution which lends an individual or business entity cash to purchase goods

taking debt from various sources and composing it into one debt to obtain a lower interest rate or lower payment

debtors are given a borrowing limit which may be increased or decreased by the creditor

debtors are given a specified amount of credit (cash) which can be used to purchase specific consumer goods and intangible goods

debt which can produce additional wealth in the long run

the amount of taxes you owe the government

debt caused by purchasing items which will only decrease in value

a legal process for debtors to liquidate their assets and repay their creditor(s)

sale of assets; exchanging goods for cash

government agency charged with the responsibility to maintain a healthy economy in the United States

income or expense that does not change for a relatively long period (rent, salary)

income or expense that changes frequently in a short period of time. (dividend income, interest income, utilities)

determines the amount of income needed to meet the debtor's total monthly debt obligations

issue of money, goods or services to an individual or entity with the expectation of future payments

trusted institutions where money is kept secure

process of borrowing money from an individual or investor without a bank's consent

amount of money charged by a bank to borrow money

short-term, high cost loan typically for $500 or less and due on the next payday or when income is received

valuable asset the borrower offers to lender for securement of the loan provided

maximum amount being loaned to the borrower by the creditor

determines a series of fixed or installment payments a borrower must repay over a determined period of time

right to keep possession of property of another until a debt owed by the person is discharged

loan which is issued and supported by a borrower's reliability, rather than value of an asset

provides a line of credit from a lending institution which can be accessed with a card, has a maximum limit (credit limit) which can be spent and requires monthly repayments

draws money directly from the consumer's checking account when a purchase is made

document or spreadsheet outlining an individual's financial position at a given point of time

report which provides a list of assets and debts owed

number given to an individual which indicates to the lender their ability to repay a loan

shows how an individual has used credit in the past, how much debt they currently have and whether or not they pay their bills on time

annual or yearly rate charged for borrowing or earned through an investment

interest rate which stays the same throughout the loan

interest rate which fluctuates overtime as market rates change

process which involves paying off a debt with a fixed payment plan over a specific period of time

money which is agreed to be paid back and only goes towards the principal of the loan

thought process of a purchasing decision

searching information based on previous experiences of using the product or service

searching for outside information to learn about the product or service

post-purchase anxiety caused by the doubt of whether a correct purchase decision has been made

quantifiable statics detailing an individual's current status, such as age, gender, ethnicity, occupation and income

specific group for which a business's products, services and marketing efforts are intended

consumers actively choose messages which they want to see

consumers interpret information so that it is consistent with their beliefs and values

non-sustainable models which involve the exchange of money.

fraudulent investment operations which involve paying abnormally high returns to investors out of the money paid by other investors.

letter or e-mail message asking the recipient to send copies of the letter to several other people.

offer an opportunity to buy a product for a small percentage of the cost based on the pyramid structure.

investment scheme preying upon members of identifiable groups by using their affiliation with the group.

all types of crime in which someone wrongfully obtains and uses another person's personal information

watching or listening to another person giving their personal information to a computer or another individual.

going through someone's garbage to obtain copies of checks, credit card statements or bank statements.

sending bogus e-mails which require people to fill in personal information

involve an individual receiving a letter or e-mail from a supposed government official, royal family member, extremely wealthy widow, etc: promises the recipient a percentage of a large sum of money if they help the official get the money out of the country.

obtaining property or money that does not belong to you from any federally insured financial institution.

act of making or producing an illegal copy of items so they look genuine

when an in-transit or non-existent transaction is recorded in more than one bank account

subtle designs on the front and backs of checks

patented designs in the background patterns of checks, when copied the pattern changes to the word void

treatment of paper so when chemicals are applied the word void appears.

sending forged e-mails impersonating an online bank, auction or payment site.

when a business is tricked into releasing merchandise or rendering services because they believe a credit card account will pay for the goods or services

when a card holder loses or has their card stolen and a thief makes purchases using their card

theft of credit card information by a dishonest employee of a legitimate business manually copying down credit card numbers or using a magnetic stripe reader on a pocket sized device

practice of a thief using personal information to obtain utility accounts such as gas, electric, water, sewer, cable and other services.

process of creating false social security cards, marriage licence, green cards, birth certificates, etc. in order to obtain money, goods or services from businesses or government programs.

when someone intentionally deceives another about an insurance matter to receive money or other benefits not rightfully theirs

process of an individual giving personal information to a telemarketer who they believe is from a legitimate business or organization.

itemized summary of the expected income and expenses for a defined period of time

process of creating a plan to spend and save money

individual's belongings which have value

goals set to be achieved in less than a year of time

goals set to be achieved in about five to 10 years

goals set to be achieved in about 10 or more years

individual who likes to save money rather than spend money

individual who enjoys spending money on himself/herself or others