Glossary of Banking Terms

Banking Encyclopedia

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Whether you're a seasoned banker, a budding financial enthusiast, or a curious individual looking to demystify financial jargon, our carefully curated glossary provides clear and concise definitions for a wide range of banking terms. Navigating the intricacies of financial language has never been easier, as we aim to empower our users with knowledge that fosters a deeper understanding of banking concepts and facilitates informed decision-making. Explore our glossary to enhance your financial literacy and unlock the language of banking with confidence.

Glossary of Banking Terms

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
There are currently 3 names in this directory beginning with the letter A.
AER
Annual earnings rate on an investment.

Annuity
A life insurance product which pays income over the course of a set period. Deferred annuities allow assets to grow before the income is received and immediate annuities (usually taken from a year after purchase) allow payments to start from about a year after purchase.

APR
The annual percentage rate of interest, usually on a loan or mortgage, usually displayed in brackets and representing the true cost of the loan or mortgage as it shows any additional payments beyond the interest rate.