MoneyU Glossary of Terms

MoneyU Glossary of Terms

Browse the glossary using this index

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To reduce a debt by making payments against the principal balance in installments or regular transfers.

Ancillary Probate

Administration of property that the deceased owned in a different state than the one in which the estate is being administered.

Annual Fee

Some credit card companies charge an annual fee; it is the yearly cost you pay to use the card.

Annual Percentage Rate (APR)

The APR measures the cost of credit expressed as a yearly interest rate.


A series of equal periodic payments, such as the interest on a bond.


A form used to apply for credit


What a person owns, such as cash, stocks, bonds, real estate, savings, or investments, and any personal possessions that can be turned into cash.

Asset Allocation

Diversification of your investments, usually between U.S. and international equities, fixed income, real estate, and commodities.


Automated Teller Machine. A machine you can use to deposit money, withdraw money, transfer money between multiple accounts, etc. You can find ATMs everywhere these days, including in the lobbies of banks, in grocery stores, inside restaurants, and at sporting events.

Auto Insurance

Provides liability and property damage coverage under specific circumstances.

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