Financial Planning for Generation X & Y Women
 
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Glossary of Financial Terms

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 # | Show all
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Good Debt
Credit used to purchase items that retain or increase in value over time. These items include homes and education loans.
Grace Period
The time between the billing date and when finance charges will begin to accrue. Grace periods now range from 15 to 25 days. Under most credit card plans, the grace period applies only if you pay your balance in full each month. The grace period does not apply if you carry a balance forward, nor does it apply to cash advances.
Gross Earnings
Total personal income before deductions, such as income taxes, Social Security and Medicare.