Financial Glossary

Here you’ll find clear and concise explanations of key financial terms and concepts. Our goal is to help you better understand essential topics across the financial world.

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | Y | Z

A

B

C

D

E

F

G

H

I

J

K

L

M

N

O

P

Q

R

S

T

U

V

W

Featured
Withholding
Will

Y

Featured
Yield Curve
Yield

Z

Featured
Zero-Coupon Bond

0-9

August Jepsen August Jepsen

Living Trust

A living trust is a legal arrangement established during someone's lifetime that holds and manages assets for designated beneficiaries, allowing the creator (grantor) to specify instructions for asset management and distribution; living trusts help bypass probate court, maintain privacy, and can be either revocable (allowing changes or withdrawal by the grantor) or irrevocable (permanent asset transfer and limited control).

Read More