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  1. Retirement Savings

    What's the difference between a 401(k) and a Roth IRA?

    A 401(k) and a Roth IRA differ primarily on tax treatment, investment options, employer involvement, and limitations on contributions ...
  2. Credit, Loans & Mortgages

    Reverse Mortgage

    A type of mortgage in which a homeowner can borrow money against the value of his or her home. No repayment of the mortgage ...
  3. Investing Strategy

    What's the difference between a market order and a limit order?

    Market orders execute a transaction at the present stock price and limit orders execute the transaction if the stock price ...
  4. Politics & Money

    What's the difference between monetary policy and fiscal policy?

    Fiscal policy is the collective term for the taxing and spending actions of governments. Monetary policy is the management ...
  5. Markets & Economy

    What's the Difference Between a Market Economy and a Command Economy?

    Set by supply and demand, a market economy operates through a price system; in a command economy, governments control the ...
  6. Markets & Economy

    What's the difference between a long and short position in the market?

    Essentially, when speaking of stocks, long positions are those that are bought and owned, and short positions are those that ...
  7. Entrepreneurship

    What's the difference between limited liability partnership and general partnership?

    Learn the differences between general partnerships and limited liability partnerships; each type has unique traits, benefits ...
  8. Credit, Loans & Mortgages

    Annual Percentage Rate - APR

    The annual rate that is charged for borrowing (or made by investing), expressed as a single percentage number that represents ...
  9. People

    Elaine Chao

    Secretary of Transportation
  10. Credit, Loans & Mortgages

    What’s the Difference Between a Mortgage Lender and a Mortgage Servicer?

    Buying a home is an exciting and confusing process. Once the loan is secured, it's important to know who gets the payment: ...
  11. Real Estate

    What is an FHA Streamline Loan?

    Refinance your high-interest-rate mortgage with an FHA streamline. The process is quick and easy and can work for most existing ...
  12. Credit, Loans & Mortgages

    Home-Equity Loan

    A consumer loan secured by a second mortgage, allowing home owners to borrow against their equity in the home.
  13. Insurance

    Liability Insurance

    Any type of insurance policy that protects an individual or business from the risk that they may be sued and held legally ...
  14. Insurance

    Homeowner's Insurance Guide: A Beginner's Overview

    Everything new homeowners need to know about insurance to protect their residence.
  15. Financial Analysis

    Liability

    Liabilities are defined as a company's legal debts or obligations that arise during the course of business operations.
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