Financial Performance Report (FPR)A report providing a financial summary for a credit union, including assets, liabilities & capital, and income & expense.
Financial planA financial plan is a document that describes your current financial status, your financial goals and when you want to achieve them, and strategies to…
Financial plannerA financial planner evaluates your personal finances and helps you develop a financial plan to meet both your immediate needs and your long-term goals.
Financial pyramidMany investors structure their portfolios in the form of a financial pyramid. The base of the pyramid is made up of nonvolatile, liquid assets.
financial recordsSpending and income records and items to keep for tax purposes, including paycheck stubs, statements of interest or dividends earned, and records of…
Financial Regulatory AgencyAn organization authorized by statute for ensuring the safe and sound operation of financial institutions chartered to conduct business under that…
Financial SecrecyThis term refers to the confidentiality afforded to financial transactions either by enactment of law or by other means.
FinialThe crowning ornament of a pointed element, such as a spire.
FinishThe visual characteristics including color, texture and reflectivity of all exterior materials.
Fire insuranceSame or similar to "property insurance." See also "property insurance."
Firm quoteA firm quote includes a bid and ask price at which a market maker is willing to trade a specific quantity - 100 shares of stock, for example.
First MortgageA real estate loan which is in a first lien position, taking priority over all other liens.
first mortgage loanA first mortgage loan means a loan or an extension of credit, including, but not limited to, an extension of credit pursuant to a contract or an assigned…
First PartyThe policyholder (insured) in an insurance contract.
First Time Home BuyerA person with no ownership interest in a principal residence during the three-year period preceding the purchase of the security property.
First-party claimA claim filed by an insured against his or her own insurance policy.
Fisher ideal price indexThe geometric mean of the Laspeyres and Paasche price indexes. The Fisher index is superior to either the Laspeyres or the Paasche index if the structure…
Fixed annuityA fixed annuity is a contract that allows you to accumulate earnings at a fixed rate during a build-up period.
Fixed assetsProduced assets that are used repeatedly, or continuously, in processes of production for an extended period of time.
Fixed ExpensesPayments that do not vary from month to month.
Fixed IncomeA security that pays a specific interest rate.
fixed income investmentsInvestments that generate a fixed amount of income that does not vary over the life of the investment.
Fixed Income SecurityA security such as a bond that pays a specified cash flow over a specific period of time.
Fixed investmentConsists of purchases of residential and nonresidential structures and of equipment and software by private businesses, by nonprofit institutions, and by…
Fixed payment mortgageA loan secured by real property which features a periodic payment of interest and principal that is constant over the term of the loan.
Fixed Rate LoanThe interest rate and the payment remain the same over the life of the loan. The consumer makes equal monthly payments of principal and interest until the…
Fixed Rate MortgageA mortgage with payments that remain the same throughout the life of the loan because the interest rate and other terms are fixed and do not change.
Fixed-income investmentFixed-income investments typically pay interest or dividends on a regular schedule and may promise to return your principal at maturity, though that…
Fixed-Period Adjustable-Rate MortgageAn adjustable-rate mortgage (ARM) that offers a fixed rate for an initial period, typically three to ten years, and then adjusts every six months…
Fixed-rate APRAn APR set at a certain percent that cannot change during the period of time outlined in your credit card agreement.
Fixed-Rate Mortgage (FRM)a mortgage loan with a fixed interest rate that remains the same for the life of the loan.
FixturePersonal property permanently attached to real estate or real property that becomes a part of the real estate.
FlagsFlags identify missing or incomplete information on a financial disclosure report in FDM.
FlashingStrips of sheet metal bent to fit the angle between any two roof surfaces or between the roof and any projection, such as a chimney.
Flat taxA flat tax, also known as a regressive tax, applies to everyone at the same rate, as a sales tax does.
Flemish bondA pattern of brickwork in which each course consists of headers and stretchers laid alternately; each header is centered between the stretcher above and…
Flexible payment mortgage (FPM)A home-purchase loan plan that allows the borrower to pay interest-only for the first several years of the term.
Flexible spending accountSome employers offer flexible spending accounts (FSA), sometimes called cafeteria plans, as part of their employee benefits package.
Float1) The amount of uncollected funds represented by checks in the possession of one bank but drawn on other banks.
FloaterAdditional coverage for personal property such as jewelry, artwork, or antiques not otherwise included in the homeowners policy, or included for a nominal…
FloatingThe process of an applicant deciding against locking-in an interest rate at the time of application and instead electing to float with the market until a…
Floating an issueWhen a corporation or public agency offers new stocks or bonds to the public, making the offering is called floating an issue.
Floating rateA debt security or corporate preferred stock whose interest rate is adjusted periodically to reflect changing money market rates is known as a floating…
Floating sharesFloating shares are shares of a public corporation that are available for trading in a stock market.
FloodA general and temporary condition of partial or complete inundation of two or more acres of normally dry land area or of two or more properties (at least…
Flood Certification FeeA fee charged by independent mapping firms to identify properties located in areas designated as flood zones.
Flood Hazard Boundary Map (FHBM)Official map of a community issued by the Federal Insurance Administrator, where the boundaries of the flood, mudflow, and related erosion areas having…
Flood InsuranceFlood insurance protects against water from an overflowing river or a hurricane's tidal surge and also covers damage from water that builds up during…
Flood Insurance Rate Map (FIRM)Official map of a community on which the Mitigation Division Administrator has delineated both the special hazard areas and the risk premium zones…
Flood PlainA strip of relatively flat and normally dry land alongside a stream, river, or lake that is covered by water during a flood.
Flood Zone (Zone)A geographical area shown on a Flood Hazard Boundary Map or a Flood Insurance Rate Map that reflects the severity or type of flooding in the area.
FloodplainAny land area susceptible to being inundated by floodwaters from any source.
Floodplain ManagementThe operation of an overall program of corrective and preventive measures for reducing flood damage, including but not limited to, emergency preparedness…
Floor brokerFloor brokers at a securities or commodities exchange handle client orders to buy or sell through a process known as a double action auction, in which…
Floor PlanA scaled drawing showing the horizontal arrangement of one level of the building that typically indicates walls, doors and dimensions
Floor traderUnlike floor brokers who fill client orders, floor traders buy and sell stocks or commodities for their own accounts on the floor of an exchange.
FoliateDecorative leafage, often applied to capitals or moldings.
For Sale By Owner (FSBO)Indicative of a real estate transaction in which the seller is not represented by a real estate broker.
ForbearanceA temporary period of time during which a regular monthly mortgage payment is reduced or suspended.
ForeclosureA legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default.
Foreclosure Preventionsteps by which the servicer works with the homeowner to find a permanent solution to resolve an existing or impending loan delinquency.
Foreign affiliateA foreign business enterprise in which there is U.S. direct investment-that is, in which a U.S.
foreign banks with state branchesA banking organization that is headquartered outside the United States, but wants a presence in the United States, most commonly establishes a branch or…
Foreign currency transactionA foreign currency transaction is a purchase and/or cash advance that you make in a foreign currency, i.e. not U.S. dollars.
Foreign exchange (FOREX)Any type of financial instrument that is used to make payments between countries is considered foreign exchange.
Foreign parentThe first person, or entity, outside the United States in a U.S. affiliate's ownership chain that has a direct investment interest in the affiliate.
Foreign parent groupConsists of the foreign parent and the ultimate beneficial owner (UBO) of a U.S.
Foreign residentsIndividuals, governments, business enterprises, trusts, associations, and nonprofit organizations that fulfill two criteria: (1) They have their center of…
Foreign Transaction FeeA fee assessed by your financial institution for making a transaction at another financial institution or bank's ATM.
Foreign Transaction FeesA fee assessed by your bank for making a transaction at another bank's ATM.
ForfeitureThe loss of money, property, rights, or privileges due to a breach of a legal obligation.
Forged CheckA check on which the drawer's signature has been forged.
ForgeryThe fraudulent signing or alteration of another's name to an instrument such as a deed, mortgage, or check.
Form 1099Form 1099 is an IRS form used to report various types of income other than wages, salaries, and tips.
Form ADVAll investment advisory firms must register by filing a Form ADV either with the Securities and Exchange Commission if they manage $25 million or more in…
Form ETA 9035Form ETA 9035/9035E, Labor condition application (LCA), is a document that a prospective H-1B employer files with ETA when it seeks to employ nonimmigrant…
Form I-129Form I-129 is the petition filed with USCIS by a prospective H-1B employer seeking approval to employ an H-1B worker.
Form I-797Form I-797 is a notice of action issued by USCIS when it receives a visa petition from an employer for an H-1B nonimmigrant, approves the petition, or…
Form W-2Form W-2 is the form that an employer must send to an employee and the IRS at the end of the year.
Formula investingWhen you invest on a set schedule, you're using a technique known as formula investing.
Forward contractA forward contract is similar to a futures contract, in the sense that both types of contracts cover the delivery and payment for a specific commodity at…
Forward price-to-earnings ratioStock analysts calculate a forward price-to-earnings ratio, or forward P/E, by dividing a stock's current price by estimated future earnings per share.
foster childA foster child is any child placed with a taxpayer by an authorized placement agency or by court order.
Fourth marketInstitutional investors, including mutual fund companies and pension funds, who trade large blocks of securities among themselves are operating in what's…
Fractional shareIf you reinvest your dividends or invest a fixed dollar amount in a stock dividend reinvestment plan (DRIP) or mutual fund, the amount may not be enough…
FrameThe stationary portion of a window unit that is affixed to the facade and holds the sash or other operable portions of the windows.
franchiseA legal agreement by which a company (franchisor) licenses its trade name and/or business system and practices for a fee to another (franchisee).
Fraternal organizationA society such as Moose, Shriners, Elks, Knights of Columbus, etc.
Fraud AlertA key provision of the Fair and Accurate Credit Transactions Act of 2003 is the consumer's ability to place a fraud alert on their credit record.
Freddie MacFreddie Mac is a shareholder-owned corporation that was chartered in 1970 to increase the supply of mortgage money that lenders are able to make available…