Managing My Money Glossary
Glossary of terms used in Managing My Money.
Thursday, 25 April 2024, 5:29 AM
Site: Open Learning
Course: Managing my money (MMM_1)
Glossary: Managing My Money Glossary
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Self-insuranceThe process of establishing a fund to cover the costs of any potential financial loss. |
State additional pensionA state pension available mainly to employees. The amount received varies from one person to another depending largely on their average earnings while the pension was building up. |
Symbolic consumptionConsuming products or lifestyles for social meanings attached to those products or lifestyles for others to see. |