| Annuity |
| It is a life insurance product that pays income regularly to an individual over a set period of time, usually being used as an income during retirement. |
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| Appreciation |
| An increase in value of assets. |
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| Assets |
| Things with monetary value that people own such as buildings, shares or money in the bank. |
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| Balance |
| It is the difference between credits and debits in an account. |
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| Bankruptcy |
| It refers to the state that an individual or company is unable to pay its debts and is therefore declared by law to have no control over its own assets. |
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| Blue chips |
| Shares of large and reputable companies that are safe to invest and with a stable record of dividends. |
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| Bull market |
| A stock market where share prices are rising. |
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| Capital gain |
| The profit made in buying and selling of assets. |
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| Collateral |
| Property or asset that is used to get a loan. |
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| Contingency fund |
| A fund to cover unforeseen expenses. |
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| Default |
| Failure to repay the outstanding amount by the due date. |
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| Deflation |
| A decline in the general price level in the economy. |
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| Emerging markets |
| Markets of developing countries which are expected to grow quickly. |
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| Equity |
| The portion of assets of a publicly-listed company that is owned by its shareholders. |
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| Grace period |
| In loans or insurance contracts, it is the period within which late payment is accepted before leading to cancellation of the contract. |
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| IPO |
| Abbreviation for initial public offering. It is the debut selling of a company's shares to the public. |
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| Liabilities |
| Debts or loans a person or a company owes to other parties. |
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| Listing |
| A company uses this process to have its shares traded on the stock exchange market. |
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| Maturity |
| It refers to the due date of the borrowed money, a time deposit, or a bond, etc. |
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| Net worth |
| The total value of assets deducting liabilities. |
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| Par value |
| The face value of securities. |
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| Phishing |
| It refers to the action of someone using the Internet to fraudulently obtain people's account details in order to take money out of those accounts. |
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| Rider |
| Add-ons to an insurance policy such as waiver of premiums, and automatic premium loan. |
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| Settlement |
| In a deal, it is the actual payment after the transaction is completed. |
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| Surrender |
| It means to terminate an insurance policy before the maturity date. |
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| Variable spending |
| It is the outflow of money on an irregular and unstable basis. |
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| Volatility |
| The rate of price change of securities in the market within a certain period of time |
