| A | B |
|---|
| graph | a visual representation of information, often in the form of bars of a pie. These are known as bar graphs or pie charts. |
| median | average |
| subprime | This means below prime and refers to predatory lenders. |
| foreclosure | This is the type of property sale offered by a lender such as a bank who had to repossess ownership of a property due to default on mortgage payments. |
| interest rate | This is the money a bank charges you to borrow money. |
| mortgage | This is a loan from the bank to buy a house or a piece of land. |
| loan | This is the opposite of borrowing money, books, etc. |
| principal | This refers to the amount of money a person has borrowed from a bank less interest. |
| grace period | This is the period of time a creditor allows you to make a payment. |
| bankruptcy | This is the process of legally declaring yourelf or your business unable to make payments of any kind to creditors. |
| equity | This is the net worth of property after bank loans, etc. |
| collateral | Anything that is of value, especially a home, car, bank account. |
| affordable | This means you have enough money to buy something. |
| segregation | This refers to the separation of races. |
| budget | This is a calculation of expenses and income. |
