The "Discount Rate" is a crucial financial term that refers to the…
Direct deposit is a payment method where funds are electronically t…
A derivative is a financial contract whose value is derived from th…
Depreciation refers to the reduction in the value of an asset over …
Deflation is the decline in the general price level of goods and se…
A default occurs when a borrower fails to meet the legal obligation…
A debit refers to an entry recording an amount owed, typically asso…
A Current Account is a type of bank account primarily used for day-…
Cryptocurrency is a digital or virtual currency that uses cryptogra…
Credit Union is a member-owned financial cooperative that provides …
Note: All information provided on the site is unofficial. You can get official information from the websites of relevant state organizations