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Glossary 

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ATM - An automated teller machine (ATM) is a type of computerised banking device that enables customers to make simple payments without the intervention of a bank operator.

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Assets -  A resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide a future benefit.

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Bank - A financial institution that invests money deposited by customers, pays it out when needed, makes interest-bearing loans, and exchanges currency

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Bond - A debt security 


Budgeting - A spending plan based on earnings and expenditures.

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Commodity - A tangible good that can be bought, sold and/or traded

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Compounding - The process of generating earnings on an asset's reinvested earnings

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Deposit - A down-payment

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Exponential - Growing at an increasing rate


Fee - A payment made in return for a service


Finance - The process of accumulating funds or capital for any purpose.


Financial Literacy - The capacity to comprehend and use diverse financial abilities, such as budgeting, investing and managing personal finance. Financial literacy is the basis of the relationship with money, and it is a lifelong learning experience.

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Fluctuate - A price or interest rate change 


Index - A selection of investments that represents and evaluates the performance of a given market, particular market,  asset class or investment strategy


Inflation - A general rise in prices and a decrease in the buying power of money


Interest - The expense of borrowing funds or the benefit of saving money


Investing - The operation of acquiring assets that appreciate in value over time and produce revenue in the form of profits 


Market Capitalisation - The valuation of a publicly traded company derived by multiplying the total number of shares by the current share price.


Profit - A financial gain


Shares - Equity ownership units in a corporation

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Stock - A fractional ownership in a company


Yield - The rate of return on investment

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