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Finance without
the jargon

Learn how money works from a curated collection of simple terms explained in everyday language.

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Accrued Expenses

Accrued expenses are expenses that a company has incurred but has not yet paid for, creating a liability on the balance sheet.

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Accounts Receivable

Accounts Receivable (AR) is the money owed to a business by its clients or customers for goods or services rendered.

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Agency Banking

Agency banking plays a key role in financial inclusion. It is a contact point for bank services, particularly for those in rural regions.

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Arrangement Fee

An arrangement fee is a fee charged by a lender or financial institution to cover the costs associated with evaluating and setting up a loan.

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Accrued Interest

Accrued interest is the cumulative interest on a loan or debt as of a specific date that is yet to be paid.

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Account in Trust

An account in trust or trust account is a type of investment account that is set up by an individual or group to hold funds on behalf of another.

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Absolute Returns

Absolute returns is the amount of returns that an asset or investment earns over a period of time.

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Annual Percentage Rate (APR)

Annual Percentage Rate (APR) is the annual cost of borrowing money, including interest and fees, expressed as a percentage of the total amount borrowed.

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A-B Trust

A-B trust is a valuable estate planning tool that can help you reduce the tax burden on your heirs.

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Accounts Payable

Accounts payable are the amounts a company owes suppliers or vendors for goods or services rendered.

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Account Statement

Account Statement is a summary of transactions between two entities. For example, you and your bank.

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Accepting Risk

Accepting risk is a conscious choice to acknowledge that there are risks and then decide whether or not you are willing to take them.

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Aggregate Risk

Aggregate risk is a sum of risks you are exposed to for transacting with a particular party.

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