What Is Gross Income?
by Quicken
January 24, 2022
Gross income is often used by financial lenders as a guideline for how much they will let you borrow. Here’s...
Financial Terms
What Is a Stop Payment?
by Quicken
December 3, 2021
A stop payment is an instruction you give your bank to cancel payment of a check, electronic payment, or bank...
What Is a Stipend?
by Quicken
May 11, 2021
What does a stipend mean? How is a salary different? Learn what a stipend is, the eligibility rules, and if...
What Is an Employee Stock Purchase Program (ESPP)?
by Quicken
March 19, 2015
An employee stock purchase plan is a program that permits employees to use some of their paycheck to buy stock...
What Is Vesting?
by Quicken
March 19, 2015
"Vesting" refers to the process by which you become the owner of the employer contributions to your retirement plan.
What Is an ESOP?
by Quicken
March 19, 2015
An employee stock ownership plan is one of several ways for employees to receive stock shares from their employers. Other...
What Is an Interest Rate?
by Quicken
March 19, 2015
An interest rate is the percentage of a loan that the lender charges per year for giving the borrower the...
What Is an IRA and Which Type Should You Choose?
by Quicken
March 19, 2015
Learn about the two main types of IRAs and get the details on eligibility requirements, tax benefits, contribution limits, and...
What Is Financial Security?
by Quicken
March 19, 2015
Financial security refers to the peace of mind you feel when you aren't worried about your income being enough to...
What Is Inflation?
by Quicken
March 19, 2015
Inflation refers to how the price for goods and services increases over time. For example, a loaf of bread that...
What Is Money Management?
by Quicken
March 19, 2015
Money management refers to how you handle all aspects of your finances, from making a budget for where each paycheck...
What Is Net Income?
by Quicken
March 19, 2015
Net income refers to the cash value of a paycheck after deductions. Gross income -- your pay before deductions --...
What Is Net Worth?
by Quicken
March 19, 2015
Your net worth refers to how much more your assets are worth than your liabilities. In short, your net worth...
What Is Overdraft Protection?
by Quicken
March 19, 2015
Overdraft protection is a service offered by banks that issues you a short-term loan when you make a purchase with...
What Is Renting vs. Buying?
by Quicken
March 19, 2015
Renting versus buying refers to the decision that people have to make when deciding where to live. The question has...
What is Retirement Planning?
by Quicken
March 19, 2015
Retirement planning is the process of setting goals for your retirement years and then creating a plan to fulfill those...
What Is Savings?
by Quicken
March 19, 2015
Savings refer to money you put aside for future use rather than spending it immediately. In addition to the benefits...
What Is Severance Pay?
by Quicken
March 19, 2015
Severance pay refers to payments made by an employer when employees are laid off or accept voluntary early retirement. Usually,...
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