| A | B |
|---|
| APR | This stands for annual percentage rate, which is a number calculated by taking into account the total cost of the loan, including what the borrower will pay in interest. |
| Coupe | A car with two front seats and a smaller backseat for occassional passengers. It usually has two doors. |
| Collision Insurance | This covers the car of the insured person and pays for repairs after an accident or cash compensation if the car can't be repaired. |
| Lease | An agreement that gives one party the use of a commodity for a specified period of time and for a specified price. |
| Liability Insurance | This type of insurance ensures that you will be able to pay for any damages that you cause. |
| Loan | An amount of money given to the borrower for a set period of time, after which it must be paid back buy the lending fee, called interest. |
| Minivan | A car that is designed for maximum passenger space, but doesn't offer significant towing power or off-road capability. |
| No-Fault Auto Insurance | A system under which both parties would be covered by their own insurance policies after an accident regardless of who is at fault. |
| Sedan | A common type of car that has two rows of seats, a trunk, and usually four doors. |
| SUV | A sport utility vehicle is a car that has multiple rows of seats, significant towing power, and the ability to drive off-road. |
