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A - Z Guide to Financial Terms

A - Z Guide to Financial Terms

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Published by nala_finance

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Published by: nala_finance on Jan 17, 2010
Copyright:Attribution Non-commercial

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02/03/2013

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Your pocket guide to
understanding \ue000nancial terms
Financial Literacy Programme
A NALA/EBS Partnership
2The EBS Building Society

partnered with the National
Adult Literacy Agency
(NALA) to develop a

programme, which would
help to target the growing
issue of family and \ue000nancial
literacy. Prior to entering the
partnership, EBS recognised
that many challenges existed
in tackling the barriers to
family and \ue000nancial literacy.
In today\u2019s society, the
availability of increasingly
complex \ue000nancial products

and the growing need to

be \ue000nancially self-suf\ue000cient
means that people must
be increasingly \ue000nancially
literate.

As an organisation founded
on the principles of
mutuality with a long
heritage in providing

educational support, EBS
understands that family
literacy development is
particularly important, as
parents are the \ue000rst and
most constant educators
of children. Family literacy

encourages parents and

children to work together to
improve both their
literacy skills.

In bringing together the
\ue000nancial and customer
expertise of EBS with NALA\u2019s
specialist knowledge of
Foreword
3
adult basic education, the
organisations are working
together to help tackle
\ue000nancial literacy and to
address the issue of access
to \ue000nancial products and
services for those with
literacy and numeracy
dif\ue000culties.

This A-Z Pocket Guide to
Understanding Financial
Terms is just one of the
achievements of EBS\u2019s

partnership with NALA.
Having launched it originally
in 2004 we have now

updated it with modern
terminology to meet with
the increasing demand for
the book. The guide is an
important resource that
will help to create a much

greater understanding of
the dense and obscure

jargon which is used on
a daily basis in relation to
all aspects of the money
business. This resource
will also give guidance to
management and staff who
work in the \ue000nancial services
sector, money advisers, the
Government, regulators
and utility companies in
explaining phrases used
by them.

Financial decisions are

among the most important
that are made by people
during their lifetime and it is
our collective responsibility
to provide better tools to
assist people in making
those decisions. We hope
you enjoy and learn from
this book.

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