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Financial Terms & Definitions
If talking about finances feels like trying to learn a foreign language, we're here to help. As your trusted financial planners and investment managers, we want you to understand the terms, acronyms, and jargon that may arise during your financial journey.
From Amortization to Zero-Coupon, we've got you covered.
Here's our glossary of financial terms in alphabetical order to get you started.

Gross Domestic Product (GDP)

A calculation of the total amount of economic activity that happens during a specific time period (usually one financial quarter or one calendar year) within the geographical borders of a country. This includes goods produced, services rendered, and the net value of international trades (exports minus imports). A decrease in GDP for two consecutive quarters is the technical definition of an economic recession. A related calculation is GDP per capita, which measures the economic activity of a country divided by the number of people living within the country's borders and provides an idea of how much economic activity is happening per person.

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