1-3 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Adjustable interest rate: An interest rate that can change at pre-set periods during the term of a loan.
Adjustable-rate mortgage (ARM): A mortgage loan that has an interest rate that varies over the life of the loan. ARMs generally have an initial period during which the interest rate is locked, and then it varies after this period.
Adjusted gross income (AGI): Your total income before taxes and deductions.
Alternative minimum tax (AMT): An additional tax you may be required to pay over and above your regular income tax. This is applicable if you are eligible for specific types of deductions, including state and local taxes, or certain types of income, including interest on specific municipal bonds, and if your regular income combined with those amounts is more than the annual maximum set by Congress.
Annual percentage rate (APR): The cost of credit on an annual basis represented as a percentage.
Annually renewable term: A type of term life insurance in which the premium increases each year of the term while the death benefit amount remains unchanged.
Annuity: An insurance product that allows you to accumulate tax-deferred earnings on your premiums and later convert your account to a form of retirement income.
Asset allocation: Dividing an investment between different asset classes in order to diminish the risk of changing market conditions on an investment portfolio.
Asset class: An investment category, such as stocks or bonds.