OLCreate: Glossary

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Building number confidence: Budgeting

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Glossary

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R

Receipt

A paper or digital record of what you have bought and how much it cost.

Representative APR

APR stands for Annual Percentage Rate. Representative APR is the advertised rate that most people (at least 51%) are expected to get when applying for credit. It helps you compare different offers, but it’s not guaranteed for everyone.

Return on Investment (ROI)

The money you earn (or lose) from an investment, shown as a percentage of what you originally put in. It helps you see how well an investment has performed.

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