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Basic Finance Terms

Asset
A personal financial asset is something you own, and includes cash, savings accounts, and personal property. In a balance sheet, assets such as the value of your home are offset by liabilities, such as your current mortgage.

Balance sheet
A balance

Dawn Ottoni-Wilhelm

Biographical Sketch:

Born and reared in Detroit, Michigan, Professor Ottoni-Wilhelm is ordained in the Church of the Brethren. After serving for three years as a hospital chaplain and nine as a pastor, she completed her doctoral work in practical theology