Do you know your financial acronyms? Test your knowledge with these common abbreviations used in the world of finance: 1. ROI: Stands for Return on Investment, a measure used to evaluate the efficiency or profitability of an investment. 2. APR: Stands for Annual Percentage Rate, which represents the annual cost of borrowing money from a lender. 3. IRA: Stands for Individual Retirement Account, a tax-advantaged account that individuals can use to save for retirement. 4. GDP: Stands for Gross Domestic Product, a measure of a country's economic performance and productivity. 5. ETF: Stands for Exchange-Traded Fund, an investment fund traded on stock exchanges similar to stocks. 6. P/E Ratio: Stands for Price-to-Earnings Ratio, a valuation ratio of a company's current share price relative to its per-share earnings. 7. FDIC: Stands for Federal Deposit Insurance Corporation, an independent agency of the United States government that insures deposits in banks and thrift institutions. 8. EPS: Stands for Earnings Per Share, a company's profit divided by its outstanding shares, used as a measure of a company's profitability. 9. 401(k): A retirement savings plan sponsored by an employer, named after a section of the Internal Revenue Code. 10. CAGR: Stands for Compound Annual Growth Rate, a measure of an investment's annual growth rate over time, accounting for compounding returns. How many of these financial acronyms did you already know? Keep learning to expand your financial knowledge and make informed decisions about your money.