Yahoo Finance

There are some financial questions everyone should probably know the answers to, but not everyone does. Basic financial education is lacking in the U.S., and many Americans don’t know answers to fundamental financial or banking-related questions. If you count yourself among those who could use some basic info, or at least a refresher course, it’s never too late to ask.

Click through to find out the basic finance terms you should know — and get answers to all your questions about them.