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Personal finance

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    personal finance
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  • What is a store card?
    Credit card issue by a shop/store.
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  • What does APR stand for?
    Annual percentage rate of interest.
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  • What is credit card fraud?
    Illegal use of someone`s card or account.
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  • What happens if your cheque gets bounced?
    The bank refuses to pay for it.
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  • What does it mean to be "rolling in it"
    To have a lot of money.
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  • What is a charge card?
    Card where you have to pay back the whole debt each month.
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  • What is a Lump sum?
    Single large payment.
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  • What is an endowment?
    Combined insurance and savings plan that pays out after a fixed period.
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  • What are life-savings?
    Money saved over many years.
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  • What is a Golden handshake?
    A large payment to someone on leaving a job.
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