When the outstanding balance is paid and there are no new charges during a billing cycle

A bond that is sold at a price far below its face value, makes no annual or semi-annual interest payments, and is redeemed for its face value at maturity

An interest rate that changes up or down on a set schedule based on an economic index such as the prime rate

The rate of return earned by an investor who holds a security, such as a bond or stock, for a stated period of time

Laws setting maximum interest rates that lenders may charge

An extra charge for various credit activities such as using an ATM or receiving a cash advance

A loan based on a consumer’s promise to pay without savings or other collateral as a guarantee

An owner of a share of stock

A request that the bank not cash or process a specific check

Adjusted gross income minus deductions