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Glossary

CD (certificate of deposit)– An investment vehicle much like a savings account, except you earn interest on a fixed amount of time.
Conventional Loan– Loans that are neither guaranteed or insured.
emergency fund– A fund set aside for emergencies consisting of about six months of your salary.
liquid– The ease of converting an asset into cash.
mission statement–A brief statement describing the purpose of a company, organization, or group.

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