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Midlife MOT: wealth, work and wellbeing
Midlife MOT: wealth, work and wellbeing

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Glossary

APR
The Annual Percentage Rate of interest on a product (e.g. a bank loan) used to borrow money. The APR is calculated from the interest rate paid and any other charges contractually related to the product.
Net wealth
Net wealth is the difference between the value of your assets and the value of your liabilities. By contrast gross wealth is just the value of your assets.