Only The Most Financially Savvy Can Pass This Monetary Terms Quiz

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H. Armstrong Roberts/ClassicStock/Getty Images

H. Armstrong Roberts/ClassicStock/Getty Images

Money has become, by and large, a basic part of human survival. While many are aware of their financial dependency, not everyone is familiar with a wide array of monetary terms. For example, equity is commonly referred to when buying or selling a home, but did you know that there are many different kinds of equity? Certain terms are vital to understand, like compounding and APR. Others are crucial for those in the business of investing, like alpha and DPO. Whether you’re well versed in the world of finance or looking to learn a thing or two, get ready to test your knowledge of monetary terms.