Banking & Money Terms with "F"

Glossary of Banking & Money - Glossario Bancario & Monetario

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Firewall: a firewall is a piece of software or hardware that provides a protective barrier between your computer and the Internet. A firewall will prevent intruders or hackers from gaining access to your PC and should be updated regularly. Popular personal firewall software such as McAfee Internet Security Suite, Norton Internet Security, or Zone Alarm can help to protect your computer.

Fixed Rate Loan: a fixed rate loan means the interest rate remains the same throughout the term of the loan.

Fixedrate Mortgage: a fixed rate mortgage means the rate you pay stays the same for a certain period, whatever happens to interest rates generally so you'll know exactly how much your mortgage payments will be each month.

FTSE - The Financial Times and the London Stock Exchange: the FTSE is an independent company owned by The Financial Times and the London Stock Exchange. The FTSE 100 is the index which tracks the top 100 UK companies.