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 Pay yourself first 2 Emergency fund 3 Creditworthiness 4 Credit score 5 Diversification 6 Comparison shopping 7 Asset 8 Bankruptcy 9 Annual percentage rate 10 Principal the amount of money due on a loan before interest. any resource (tangible or intangible, owned or controlled) that holds value. It spreads investments over different assets with varied risk potential. Helps to reduce the overall risk of loss. APR, is the yearly interest rate charged on borrowed money. term that refers to how much confidence a lender can have in a borrower’s ability to repay a loan. consists of comparing the prices of similar products to determine which is least expensive. money set aside for big, unexpected expenses such as job loss or large medical bills. legal status that a person or entity can enter when they're unable to repay their debts. 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.
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