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Glossary

Linked account
Banking & Credit / Glossary

What Is a Linked Account? – Simple and Easy Explanation

November 30, 2025January 5, 2026 - by taichinh

Easily manage multiple accounts at the same bank by linking them for smoother transfers and better fee management. Understanding Linked Accounts A linked account is simply an account that is …

What Is a Linked Account? – Simple and Easy Explanation Read More
Joint account
Banking & Credit / Glossary

What Is a Joint Account? – Simple and Easy Explanation

November 30, 2025January 5, 2026 - by taichinh

A joint account is a type of bank account that is owned and managed by two or more people. A joint account lets multiple people share access to the same …

What Is a Joint Account? – Simple and Easy Explanation Read More
IRA
Banking & Credit / Glossary

What Is an IRA? – Simple and Easy Explanation

November 30, 2025January 5, 2026 - by taichinh

An Individual Retirement Account (IRA) is a special type of account that helps you save for retirement in a tax-friendly way. Whether you’re just starting your career or already planning …

What Is an IRA? – Simple and Easy Explanation Read More
Interest rate
Banking & Credit / Glossary

What Is Interest Rate? – Simple and Easy Explanation

November 30, 2025January 5, 2026 - by taichinh

A simple guide to understanding interest rates, how they work, and why they matter for your money. What Is an Interest Rate? An interest rate is basically the price of …

What Is Interest Rate? – Simple and Easy Explanation Read More
Interest-bearing account
Banking & Credit / Glossary

What Is an Interest-Bearing Account? – Simple and Easy Explanation

November 30, 2025January 5, 2026 - by taichinh

Earn interest while keeping your money safe with an interest-bearing account. Understanding Interest-Bearing Accounts An interest-bearing account is a type of bank account that lets your money grow over time. …

What Is an Interest-Bearing Account? – Simple and Easy Explanation Read More
Inactive account
Banking & Credit / Glossary

What Is an Inactive Account? – Simple and Easy Explanation

November 30, 2025January 5, 2026 - by taichinh

An inactive account is a bank account that hasn’t had any transactions for a long time. Understanding an Inactive Account Think of your bank account as a little money home. …

What Is an Inactive Account? – Simple and Easy Explanation Read More
Float
Banking & Credit / Glossary

What Is Float? – Simple and Easy Explanation

November 30, 2025January 5, 2026 - by taichinh

The time it takes for a deposited check to become available in your account. Understanding Float in Everyday Banking If you’ve ever deposited a check and noticed it didn’t show …

What Is Float? – Simple and Easy Explanation Read More
Federal Deposit Insurance Corporation (FDIC)
Banking & Credit / Glossary

What Is the FDIC? – Simple and Easy Explanation

November 30, 2025January 5, 2026 - by taichinh

Protect your money with confidence—here’s how the FDIC helps keep your deposits safe. The Federal Deposit Insurance Corporation (FDIC) is a U.S. government agency that protects your bank deposits if …

What Is the FDIC? – Simple and Easy Explanation Read More
EMV/Chip Card
Banking & Credit / Glossary

What Is an EMV/Chip Card? – Simple and Easy Explanation

November 30, 2025January 5, 2026 - by taichinh

A quick and friendly guide to understanding what an EMV or chip card is and why it makes your payments safer. What Is an EMV/Chip Card? An EMV or chip …

What Is an EMV/Chip Card? – Simple and Easy Explanation Read More
Emergency cash
Banking & Credit / Glossary

What Is Emergency Cash? – Simple and Easy Explanation

November 30, 2025January 5, 2026 - by taichinh

Get quick cash support anywhere in the world when your debit card is lost, stolen, or unusable. Understanding Emergency Cash Emergency cash is a special service offered by Visa to …

What Is Emergency Cash? – Simple and Easy Explanation Read More

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Insurance

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What Is Written Premium

What Is Written Premium? – Simple and Easy Explanation

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What Is Workers’ Compensation? – Simple and Easy Explanation

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What Is Vision Insurance? – Simple and Easy Explanation

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Banking & Credit

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Zero Liability Protection*

What Is Zero Liability Protection? – Simple and Easy Explanation

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Withdrawal

What Is a Withdrawal? – Simple and Easy Explanation

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Wire transfer

What Is a Wire Transfer? – Simple and Easy Explanation

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Virtual card

What Is a Virtual Card? – Simple and Easy Explanation

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Variable rate

What Is a Variable Rate? – Simple and Easy Explanation

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Uncollected funds

What Are Uncollected Funds? – Simple and Easy Explanation

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Taxes

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What Is Withholding

What Is Withholding? – Simple and Easy Explanation

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What Are Wages? – Simple and Easy Explanation

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What Is Volunteer Income Tax Assistance (VITA)? – Simple and Easy Explanation

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What Is Voluntary Compliance? – Simple and Easy Explanation

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What Is Vertical Equity

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What Is a User Tax

What Is a User Tax? – Simple and Easy Explanation

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Recent Posts

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