Financial & Health Glossary

Clear definitions for financial, health, and mathematical terms used across CalcVault calculators.

Amortization

Amortization refers to the process of spreading out a loan into a series of fixed payments over time. You'll be paying o...

Annual Percentage Rate (APR) is the yearly cost of borrowing money expressed as a percentage, including both the interes...

The arithmetic mean, often simply called the mean or average, is calculated by adding up all the numbers in a dataset an...

Body Mass Index (BMI) is a numerical value calculated by dividing a person's weight in kilograms by the square of their ...

A break-even point is the level of production or sales volume where total revenues equal total costs, producing neither ...

Compound interest is interest calculated on both the initial principal and the accumulated interest from previous period...

Debt Service Coverage Ratio (DSCR) is a measure of the cash flow available to pay current debt obligations. It is calcul...

Gross margin is the difference between revenue and cost of goods sold (COGS), divided by revenue, expressed as a percent...

Simple interest is a quick and easy method of calculating the interest charge on a loan. Simple interest is determined b...

Waist circumference is a simple but effective measure of central obesity, assessing the amount of abdominal fat a person...