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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. Comprehensive but never condescending, 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 your 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 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.
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