Glossary

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There are currently 55 names in this directory
accumulate
a) to increase gradually in quantity or number b) to become greater in extent, volume, amount, or number

ACH
Automated Clearing House

acquisition
a) something added to an existing supply b) something or someone acquired or gained

affordable
a) being within the financial means of most people b) costing little

allowance
a) a share or portion allotted or granted b) a sum granted as a reimbursement or bounty or for expense c) a fixed or available amount d) a reduction from a list price or stated price

amenities
a) something that helps to provide comfort, convenience, or enjoyment b) something (such as a conventional social gesture) that promotes smoothness or pleasantness in social relationships c) the quality of being pleasant or agreeable such as the attractiveness and value of real estate or of a residential structure

APR
Annual Percentage Rate

APY
Annual Percentage Yield

authentication
an act, process, or method of showing something (such as an identity, a piece of art, or a financial transaction) to be real, true, or genuine : the act or process of authenticating something

authorize
a) to endorse, empower, justify, or permit by or as if by some recognized or proper authority (such as custom, evidence, personal right, or regulating power) b) to invest especially with legal authority

breaches
a) infraction or violation of a law, obligation, tie, or standard b) a broken, ruptured, or torn condition or area c) a break in accustomed friendly relations d) a temporary gap in continuity

CD
Certificate of Deposit

competitive
a) relating to, characterized by, or based on competition b) inclined, desiring, or suited to compete c) depending for effectiveness on the relative concentration of two or more substances

compromised
a) made vulnerable (as to attack or misuse) by unauthorized access, revelation, or exposure b) impaired or diminished in function : weakened, damaged, or flawed c) exposed to suspicion or discredit : revealed as or suspected of being disreputable, untrustworthy, etc.

concentrate
a) to bring or direct toward a common center or objective b) to gather into one body, mass, or force c) to focus one's powers, efforts, or attention

consolidation
a) the act or process of consolidating : the state of being consolidated b) the unification of two or more corporations by dissolution of existing ones and creation of a single new corporation c) pathological alteration of lung tissue from an aerated condition to one of solid consistency d) the process by which a new memory is converted into a form that is stable and long-lasting

consumer
a) one that utilizes economic goods b) a person who buys goods and services

contextualize
a) to place (something, such as a word or activity) in a context

conveniences
a) fitness or suitability for performing an action or fulfilling a requirement b) something (such as an appliance, device, or service) conducive to comfort or ease: something that adds to one's ease of living c) a suitable or convenient time d) freedom from discomfort

correspondence
a) a point which two or more things share in common b) the agreement of things with one another c) a relation between sets in which each member of one set is associated with one or more members of the other d) the quality or state of having many qualities in common

customizable
a) to build, fit, or alter according to individual specifications b) to change (something) in order to fit the needs or requirements of a person, business, etc.

disclosure
the act or an instance of making known something previously unknown or concealed

eliminate
a) to put an end to or get rid of b) to prevent the participation, consideration, or inclusion of

endeavor
a) to attempt (something, such as the fulfillment of an obligation) by exertion of effort b) an effort to do or accomplish something

expansion
a) something added (as by growth) b) the act or process of going from the simple or basic to the complex or advance c) a wide space or area

fraudulent
a) marked by, based on, or done by the use of dishonest methods to acquire something of value b) given to or marked by cheating and deception

HELOC
Home Equity Lines of Credit

HSA
Health Savings Account

identification
a) something presented to show that someone is the person they claim to be b) a largely unconscious process whereby an individual models thoughts, feelings, and actions after those attributed to an object that has been incorporated as a mental image

incentives
a) something that incites or has a tendency to incite to determination or action b) something that arouses action or activity

intuitive
characterized by what feels naturally right or true without coming from thought or learning

involvement
a) to be the business or affair of b) to have as part of a whole c) to hold the attention of d) to surround or cover closely

IRA
Individual Retirement Account

lifeblood
a vital or life-giving force or component

lump sum
an amount of money that is paid at one time : a single sum of money

maintenance
a) the act of maintaining : the state of being maintained b) something that maintains c) the upkeep of property or equipment d) an officious or unlawful inter-meddling in a legal suit by assisting either party with means to carry it on

mortgage
a) a conveyance of or lien against property (as for securing a loan) that becomes void upon payment or performance according to stipulated terms b) to obligate by prior agreement

obligation
a) the action of obligating oneself to a course of action (as by a promise or vow) b) something (such as a formal contract, a promise, or the demands of conscience or custom) that obligates one to a course of action c) something one must do because of prior agreement d) something (as money) which is owed

payable
a) not yet paid b) that may, can, or must be paid

PIN
Personal Identification Number

POS
Point-of-Sale

procedures
a) a particular way of accomplishing something or of acting b) a set of instructions for a computer that has a name by which it can be called into action c) a series of steps followed in a regular definite order d) a usually fixed or ordered series of actions or events leading to a result e) a way of acting or proceeding

receivable
subject to call for payment

recommendation
something (such as a course of action) suggested as proper or favorable

reconciliation
the act of becoming friendly after a disagreement

representative
a) standing or acting for another especially through delegated authority b) of, based on, or constituting a government in which the many are represented by persons chosen from among them usually by election c) serving as a typical or characteristic example

simplified
to make simple or simpler: such as to reduce to basic essentials, to diminish in scope or complexity or to make more intelligible

SSN
Social Security Number

straightforward
a) free from evasiveness or obscurity b) proceeding in a straight course or manner

streamline
a) the path of a particle in a fluid relative to a solid body past which the fluid is moving in smooth flow without turbulence b) to make less complex c) to adapt to modern needs, taste, or usage

transaction
a) the transfer of ownership of something from one person to another for a price b) a communicative action or activity involving two parties or things that reciprocally affect or influence each other

underwriting
a) to set one's name to (an insurance policy) for the purpose of thereby becoming answerable for a designated loss or damage on consideration of receiving a premium percent : insure on life or property b) to agree to purchase (something, such as security issue) usually on a fixed date at a fixed price with a view to public distribution

unencrypted
not encoded : not cryptic

wealth
a) the total of one's money and property b) a considerable amount c) an amount or supply more than sufficient to meet one's needs

withdrawal
an act of moving away especially from something difficult, dangerous, or disagreeable