Our society and financial industry are riddled with conventional definitions in financial terminology that are misunderstood. After nearly 30 years of financial advising experience, I take a bit of a ...

ALLOCATION - The assignment and reassignment of a cost or group of costs to one or more cost objectives based on a reasonable standard. Terms with assorted shades of meaning are cost reallocation, ...

Figuring out how to handle your money can be stressful enough without personal finance jargon getting in your way. Knowing the definitions behind words such as "amortization," "deductible," or "mutual ...

You may have heard the phrase, “If you want a… A 401(k) is an employer-sponsored retirement plan. Its name comes from Section 401(k) in the Revenue Act of 1978. This allows employers to offer ...

Join the event trusted by enterprise leaders for nearly two decades. VB Transform brings together the people building real enterprise AI strategy. Learn more Jed Simon is the chief executive officer ...

Boost your financial literacy with nine essential terms. From interest to assets, improve your money management skills. Financial literacy is a critical life skill that can have a significant impact ...

According to financial experts, one way to learn about money is to educate yourself about personal finance concepts. Specifically, making informed financial decisions can be achieved by reading books, ...

Like it or not, digital technology permeates nearly every financial activity we perform today. The economic landscape—which includes financial services and banking—is shifting to the digital space at ...

Even when throwing around common financial terms, it’s easy to get lost in the lingo, especially since most of us never had a personal finance class in school. That’s probably why 2 in 3 Americans can ...

Financial planning is the process of helping individuals and families reach their financial goals through budgeting, investing, tax planning, retirement planning, or estate planning. Financial ...

There are two financial terms that explain what is happening right now. Most investors don't know these terms, but they are common knowledge among central bankers. The Bank of International ...