Definitions

 

Asset - property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.

 

Consumer - person or group of people, such as a household, who are the final users of products or services. 

 

Interest - money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt.

 

Personal finance -  a specialized area of study that focuses on individual and household financial decisions, such as budgeting, saving, spending, insurance, and investments.