Matching Pairs Financial literacy vocabularyOnline version Here are some words to improve your financial literacy in English. From this page https://www.opploans.com/oppu/articles/vocabulary-financial-literacy/ by Elsa Nahomi Rivas Valencia 1 Comparison shopping 2 Emergency fund 3 Annual percentage rate 4 Asset 5 Principal 6 Pay yourself first 7 Credit score 8 Bankruptcy 9 Diversification 10 Creditworthiness legal status that a person or entity can enter when they're unable to repay their debts. consists of comparing the prices of similar products to determine which is least expensive. It spreads investments over different assets with varied risk potential. Helps to reduce the overall risk of loss. any resource (tangible or intangible, owned or controlled) that holds value. APR, is the yearly interest rate charged on borrowed money. is a three-digit number that represents how likely a borrower is to repay a debt. PYF, is a strategy in which saving is prioritized and made an essential cost in a budget. the amount of money due on a loan before interest. money set aside for big, unexpected expenses such as job loss or large medical bills. term that refers to how much confidence a lender can have in a borrower’s ability to repay a loan.
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