Financial Terms

EBITDA is an acronym standing for Earnings Before Interest, Taxes, Depreciation, and Amortization. A record of the amount of money

Income replacement ratio is the percentage of pre-retirement income that is needed to maintain the same standard of living in

Compound interest is the interest on a loan or deposit calculated based on both the initial principal and the accumulated

An annuity is a financial product that pays out a fixed stream of payments to an individual, typically used as

A recession is a downturn in economic activity, defined by many economists as at least two consecutive quarters of decline

An expense ratio is the ratio between a mutual fund’s operating expenses for the year and the average value of

Large-cap is the market capitalization of the stocks of companies with market values greater than $10 billion. Financial terms can

Small-cap is the market capitalization of the stocks of companies with market values less than $3 billion. Financial terms can

Appreciation is the increase in value of a financial asset. Financial terms can be confusing, and it can be difficult