Individual Finance

A debt evidenced by a "note," which specifies the principal amount, interest rate, and date.

A person or organization that buys/uses goods or services.

A system by which goods and services are produced and distributed.

An obligation of repayment owed by one party to a second party.

The knowledge necessary to be an informed consumer and manage finances effectively.

All of the decisions of an individual/family regarding their money (spending, saving, budget)

The granting of a loan and creation of debt.

A fee paid by a borrower to the lender for the use of borrowed money.