Managing My Money Glossary
Glossary of terms used in Managing My Money.
Browse the glossary using this index
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Face valueThe nominal value of a bond. The amount, excluding interest, the investor gets back on the maturity of the bond. | |
Financial capabilityThe ability to understand finances and make sound financial decisions. | |
Financial constraintInadequate resources that limit achievable goals. | |
Financial intermediariesPersons and firms who arrange investments (and other products) on behalf of others, such as financial advisers and brokers. | |
Flat rateDescribes an amount of pension where the value is not linked to a person's earnings. | |
Funded schemePension scheme where an investment fund is built up from which to pay pensions and other benefits as they fall due. | |