Debt Relief Articles

In financial terms, the principal refers to the initial amount of money that is borrowed or invested, upon which interest is calculated or earned.  It is the original amount of money involved in a...

Amortization refers to the process of spreading out the cost of an asset over its useful life. In financial terms, it is the gradual reduction of a loan or debt through regular payments of...

A financial investment is the practice of using money to purchase and hold assets for the purpose of making a profit. These investments can include stocks, bonds, mutual funds...

Gross National Product (GNP) is a measure of the total value of goods and services produced in a given country during a specific period, usually one year. It is used to analyze and...

Gross Domestic Product (GDP) is a measure of the monetary value of all goods and services produced within a country in a given year. It is used to measure the size and strength...

The Consumer Price Index (CPI) is a measure of the average change in prices over time that consumers pay for a basket of goods and services. It is used by governments, central banks...

A recession is a period of economic decline measured by a decrease in the Gross Domestic Product (GDP) for two or more consecutive quarters. During a recession, businesses...

Inflation is a sustained rise in the general level of prices for goods and services. It is measured as an annual percentage increase. As inflation rises, every dollar you own buys a smaller percentage of...

In financial terms, interest is the cost of borrowing money. It is usually expressed as a percentage rate that must be paid by the borrower to the lender for the use of their funds...