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The Psychology of Money

mendi926Vocabulary listFjalë: 5
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WealthAn abundance of valuable possessions or money
Përkufizimet:
An abundance of valuable possessions, property, or other riches
BehavioralRelated to the actions made by humans
Përkufizimet:
Relating to or concerned with the interaction between humans and their environment
RationalBased on or in accordance with reason or logic
Përkufizimet:
Based on clear thought and reason
FiduciaryInvolving trust, especially with regard to the relationship between a trustee and a beneficiary
Përkufizimet:
Involving a confidence or trust, especially relating to the relationship between a trustee and their beneficiary
CompoundingThe process in which an asset's earnings, from either capital gains or interest, are reinvested to generate additional earnings over time
Përkufizimet:
The process where the value of an investment increases because the earnings on an investment, both capital gains and interest, earn interest as time passes