There was in the December 2007 issue of Real Simple explaining some of the terminology of the financial world. I am always baffled by the terminology of the financial world- so much to try and keep straight, not to mention understand!
They gave a little cheat sheet of some of the more common terms- thought I would share a couple with you!
Balance Transfer- moving debt from one credit card to another, usually to get a better interest rate.
Credit History- a record of how you have repaid all your past credit obligations.
Credit Report- an accounting of your credit standing, including your credit history and public records.
Credit Score- a numerical evaluation of your credit worthiness, based on past performance (amount of debt, length of credit history, new credit applied or, payment history, etc).
Debt-to-available credit ratio- the total amount of money you owe compared with the total amount of credit available to you on all your cards.
Double Cycle Billing- a calculation of interest over two cycles (say, 60 days) rather than one cycle.
Grace Period- the time (usually 20 to 30 days) in which you can avoid any finance charges by fully paying off a balance.
Trailing Interest- interest charge daily after a credit accounting period ends until payment is received.
If the term has a link, it is what I could find on Dave Ramsey's website about it (whether he thinks it is a good idea, his definition, etc).
What are you learning about in the finance world? Are you working hard to pay off debts? Do it! The freedom (or even that taste of freedom) is addicting! :-)
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