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Financial Glossary

Inflation

A general increase in the average price level of goods and services over time.

Interest Rate

The percentage cost or return associated with borrowing or saving.

Cash Flow

The movement of money into and out of a person or business over a period.

Liquidity

How quickly an asset can be converted into cash without a major loss in value.

Diversification

Spreading money across different assets or areas so risk is not concentrated in one place.

EMI

A regular monthly installment that includes loan principal and interest.