Finance has its own language - e.g., return, yield, credit, income statement, and so on. These terms and their application need to be understood for a person to be confident in making intelligent decisions. For this reason, and because every year my adult students asked me for "the Cliff Notes" of important financial terms, I am posting the first of many episodes regarding financial language. This is an applied approach, not a "memorize this" approach, because this way the meanings and their usage tend to stick better. This episode covers terms that are, and will be, important to understand during this inflationary period, which is also a period of equity market volatility. Enjoy.
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