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Glossary of Auto Insurance Terms

Do you want to get the auto insurance coverage you desire for your car? One basic way of accomplishing this is by learning the terms pertinent to it. The benefits of learning and knowing these terms can not be over-emphasized. … Continue reading

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Financial Glossary – Does “Merge” Mean Really “to Sink”?

The term merge means “to plunge or sink in,” and comes from the latin word “merger” i.e. “to dip, immerse,”. From the beginning of 1700, it is used in the legal sense of “absorption of an estate, contract, etc. into … Continue reading

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Glossary of Common Terms Used During the Mortgage Process

APR – This stands for Annual Percentage Rate. It enables you to compare the full cost of the mortgage. Rather than just being an interest rate, it includes up front and ongoing costs of taking out a mortgage. The formula … Continue reading

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Financial Aid Glossary

Award Letter: A notice from a financial aid office to a student that specifies the financial aid programs and dollar amounts that the student has been granted. Consolidation: This process takes your existing student loans and combines them into one … Continue reading

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