Important Financial Terms

 National Credit Union Share Insurance Fund (NCUSIF) – A fund governed by the National Credit Union Administration to help guard individual deposits to credit unions at insured U.S. institutions.

 Price/Earnings (P/E) Ratio – The ratio of a company’s up to date share price compared to its per-share earnings.

 Private Mortgage Insurance (PMI) – Insurance to help shields a mortgage lender in the unfortunate event a borrower cannot make payments.

 Return on Investment (ROI) – Also known as the Rate of Return (ROR), this is the earnings that one makes on an investment.

Thrift Banks – Financial institutions that focus on home and small business loans.

1 Comment

  1. These important financial terms definitely should be known by all. Being aware of our finances is very important. Thank you for defining these terms in a way that can be easily understood!

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