Financial & Economic Glossary
Clear, accessible definitions for personal finance, debt management, and investing terminology.
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Capital Gain
The positive difference between the final sale price of an asset (such as equities or real estate) and its initial purchase price (cost basis).
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Compound Interest
Interest calculated on both the initial principal amount and all accumulated interest from prior compounding periods.
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Credit Score
A three-digit numerical metric ranging from 300 to 850 representing a borrower’s creditworthiness and probability of debt repayment.