Financial Services Glossary

The 'language of finance' can be daunting. We therefore thought that a simple explanation of many of the terms might be helpful, so here goes!

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

ConsiderationThe inducement to a contract; the value given for a contract. Consideration may be money, property, a promise, forbearance or anything else by way of act benefit or value.« Back to glossary list