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

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Passbook Savings Account
An account that a bank or savings institution issues to keep record of deposits, withdrawals, and interest earned in the savings account. Usually pays a very low interest rate.
Preferred Provider Organization
A form of health insurance. A PPO is made up of a group of medical care providers (doctors, hospitals, etc.) who contract with a health insurance company to provide services at an agreed upon discounted price.