Financial Literacy Glossary Part One (2010)

The authors of this document have provided brief definitions for a variety of financial terms, including credit, interest and income, and for financial products like an RRSP (Registered Retirement Savings Plan) and an RESP (Registered Education Savings Plan).

In some instances, the have provided consumer tips within the definition. For instance, they explain that a payday loan store is a place where cash advances and short-term loans can be acquired quickly, but at high interest rates.

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APA citation
ABC Life Literacy Canada. Financial Literacy Glossary Part One 2010. Web. 6 Feb. 2023 <>
ABC Life Literacy Canada (2010). Financial Literacy Glossary Part One. Retrieved February 6, 2023, from
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