Glossary of English-Spanish financial terms

Glossary of English-Spanish Financial Terms: Introduction

Listening and responding to consumers is central to the Bureau's work to educate and empower consumers to make better informed financial decisions. Consumers nationwide have engaged with the Bureau through public field hearings, listening sessions, roundtables, town halls, the Bureau's website, , and the Bureau's Office of Consumer Response. The Bureau has also sought input from a range of stakeholders, including financial educators, community-based organizations, financial institutions, and others about challenges that consumers face, effective approaches to overcoming those challenges, and what the Bureau can do to improve the financial decision-making process of consumers.

This engagement, which informs the work of the Bureau, would be incomplete without efforts to include the more than 25 million people1 in the US who have limited ability to speak, write, or read in English (that is, limited English proficient or LEP persons).2 Spanish is the most common non-English language spoken at home in the U.S.3

The Bureau created a glossary translating common financial terms into Spanish in October 2015 and has updated it in 2018 with additional terms. Terms for the updated glossary have been compiled from other entities, including the Federal Housing Finance Agency, Department of Housing and Urban Development, Internal Revenue Service, Department of Justice, Federal Deposit Insurance Corporation, Federal Trade Commission, Social Security Administration,

1 U.S. Census Bureau, Det ailed Languages Spoken at Home and Abilit y t o Speak English for t he P opulat ion 5 Years and Over: 2009-2013.

2 Individuals are generally considered to have limited English proficiency if they speak a language other than English at home and speak English less than " very well." See LEP.g ov .

3 U.S. Census Bureau, Det ailed Languages Spoken at Home and Abilit y t o Speak English for t he P opulat ion 5 Years and Over: 2009-2013.

Freddie Mac, Fannie Mae, General Services Administration, and National Association of Hispanic Real Estate Professionals. The Bureau also translated many of the terms itself.

Use of the glossary of terms is not mandated, nor is it guidance or a requirement for any stakeholder. The Bureau uses the glossary to ensure consistency as it translates consumer education materials from English to Spanish. The Bureau publicly shares it as a resource that may help other people and organizations that provide financial information to those who have more language proficiency in Spanish than in English.

The Bureau offers a number of other resources for limited English proficient consumers and those who work with them:

Publications in multiple languages are available at .

The Bureau's Spanish language website is accessible online at es/.

Limited English proficient persons can submit complaints to the Bureau in more than 180 languages via telephone at 855-411-2372.

The Bureau of Consumer Financial Protection is a U.S. government agency whose mission is to regulate the offering and provision of consumer financial products or services under the Federal consumer financial laws and to educate and empower consumers to make better informed financial decisions.

To learn more and access additional resources, visit .

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BUREAU OF CONSUMER FINANCIAL PROT ECT ION: GLOSSARY OF ENGLISH-SPANISH FINANCIAL T ERMS

Glossary

ENGLISH Numeric 1-4 family rider 401(k) 529 plan A Abandonment Abandoned

Abatement

Ability to pay Ability to repay

Abrogate

Absolute title Abstract update Abusive practice Academic programs Acceleration Acceleration clause Acceleration letter Access Account Accountant(s) Accrued ACH (Automated Clearing House) transfers Acknowledgement Acknowledgement of receipt Acknowledgement, certificate of

ESPA?OL

Cl?usula adicional para viviendas de 1-4 unidades [Plan] 401(k) [Plan] 529

Abandono Abandonado Reducci?n, extinci?n, disminuci?n, rebaja, deducci?n, dependiendo el contexto Capacidad de pago Capacidad de reembolso Derogar (una norma), abrogar (una ley), anular, revocar, dependiendo el contexto T?tulo absoluto, t?tulo de plena propiedad Actualizaci?n de la declaraci?n (de fincas) Pr?ctica abusiva Programas acad?micos Vencimiento anticipado Cl?usula de vencimiento anticipado Carta de aceleraci?n Acceder a Cuenta Contador(es), contable(s) Acumulado, devengado

Transferencias ACH, pagos ACH

Reconocimiento, acuse de recibo, dependiendo el contexto Acuse de recibo Acta notarial

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BUREAU OF CONSUMER FINANCIAL PROT ECT ION: GLOSSARY OF ENGLISH-SPANISH FINANCIAL T ERMS

ENGLISH Acquittal Act (as in: Dodd-Frank Act) Act of God Action plan Active military duty Actual cash value Addendum Additional principal payment Add-ons Addressee Adjustable interest rate (air) table Adjustable payment (ap) table Adjustable rate Adjustable rate mortgage (arm) Adjustable rate note Adjustable rate rider Adjuster Adjustment date Adjustment interval, adjustment period Administration for Community Living (ACL) Administration on Aging (AOA)

Administrative law judge Administrative orders Administrative rules

Adult Protective Services (APS)

Advance directives Adverse action Advocacy group

ESPA?OL Absoluci?n, descargo, exoneraci?n Ley (como Ley Dodd-Frank) Causa fortuita / de fuerza mayor Plan de acci?n Servicio militar activo Valor actual Anexo Pago adicional (hacia el capital) Extras Destinatario Tabla de tasa de inter?s ajustable (tia) Tabla de pagos ajustable Tasa de inter?s ajustable, tasa ajustable Hipoteca con tasa de inter?s ajustable Pagar? con tasa de inter?s ajustable Cl?usula adicional sobre tasa de inter?s ajustable Ajustador Fecha de ajuste

Intervalo de ajuste, periodo de ajuste Administraci?n para la Vida Comunitaria (ACL, por sus siglas en ingl?s) Administraci?n de Asuntos sobre la Vejez (AOA, por sus siglas en ingl?s) Juez de derecho administrativo Ordenes administrativas Disposiciones administrativas Servicios Protectores para Mayores y Personas Dependientes (APS, por sus siglas en ingl?s) Voluntades anticipadas, directrices anticipadas Medida adversa, acci?n adversa Grupo de apoyo

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BUREAU OF CONSUMER FINANCIAL PROT ECT ION: GLOSSARY OF ENGLISH-SPANISH FINANCIAL T ERMS

ENGLISH Affidavit Affinity fraud

Affirmative steps

Afford

Affordability analysis Affordability analyzer Affordable Affordable housing Age Discrimination Act of 1975 Agency Agent Agreement Agreement of sale Aid and Attendance (A&A) Alien authorized to work Alimony Allegation Allege Allocate Allowable debt payments Alternate phone number Amendment America American American Bar Association Commission on Law and Aging American dream (of homeownership) American(s)

Americans with Disabilities Act (ADA)

ESPA?OL

Declaraci?n jurada Fraude por afinidad Medidas afirmativas, medidas de acci?n positiva, medidas especiales Permitirse, permitirse pagar, poder pagar, poder de compra, costear, dependiendo el contexto An?lisis de la capacidad de pago Analizador de capacidad de pago Asequible Vivienda a precio asequible Ley de Discriminaci?n por Motivos de Edad de 1975 Agencia Agente Acuerdo, contrato Contrato de compraventa Ayuda and Asistencia (A&A, por sus siglas en ingl?s) Extranjero con autorizaci?n para trabajar Pensi?n alimenticia Alegaci?n, alegato Alegar, acusar Asignar Pagos de deuda permitidos N?mero de tel?fono alternativo Enmienda Estados Unidos de Am?rica, EE.UU. Estadounidense, norteamericano Comisi?n sobre la Ley y el Envejecimiento del Colegio de Abogados de EE. UU. El sue?o americano (de tener casa propia) Americanos(as) Ley de Estadounidenses con Discapacidades (ADA, por sus siglas en ingl?s)

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BUREAU OF CONSUMER FINANCIAL PROT ECT ION: GLOSSARY OF ENGLISH-SPANISH FINANCIAL T ERMS

ENGLISH Amortization Amortization schedule Amortize Amount Amount financed Annual fees

Annual percentage rate (APR)

Annuities Annuity Anti-discrimination law Anti-discrimination provision Appeal Appellate section Applicable law Applicant Application Application fee Apply

Annual Percentage Rate (APR)

Apply (as in: to apply for a job or for a license, etc.) Apply (as in: this benefit applies to full-time employees.) Appraisal Appraisal contingency Appraisal report Appraiser Appreciate Appreciation Approved

ESPA?OL Amortizaci?n Programa de amortizaci?n, tabla de amortizaci?n Amortizar Cantidad, monto Monto financiado Costos anuales Tasa efectiva anual (APR, por sus siglas en ingl?s), tasa porcentual anual Rentas vitalicias, anualidades Anualidad Ley antidiscriminaci?n Disposici?n antidiscriminatoria Apelaci?n, apelar Secci?n de apelaci?n Ley aplicable Aspirante, solicitante, postulante Cumplimiento, aplicaci?n, solicitud Cuota de inscripci?n Solicitar, pedir Tasa Efectiva Anual (APR, por sus siglas en ingl?s), Tasa Porcentual Anual

Solicitar, postular

Aplicarse

Tasaci?n, valoraci?n de la vivienda Contingencia de tasaci?n Informe de tasaci?n Tasador Apreciar (en valor) Apreciaci?n Aprobado

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BUREAU OF CONSUMER FINANCIAL PROT ECT ION: GLOSSARY OF ENGLISH-SPANISH FINANCIAL T ERMS

ENGLISH Appurtenances APR (Annual Percentage Rate) Arbitration Area

Area Median Income (AMI)

Area Agency on Aging (AAA)

Arm's length transaction Arrears, arrearage(s)

Arrest warrant

Asbestos Asking price Assent to decree Assert (a right) Assessed value Assessing the value of the property Assessment Assessor Assets Assignee Assignment Assignment of mortgage Assignor Assisted living Assisted living facility Association for Conflict Resolution Assumability Assumable mortgage Assumption

ESPA?OL Pertenencias Tasa Efectiva Anual (APR, por sus siglas en ingl?s) Arbitraje, mediaci?n ?rea, zona Mediana de los Ingresos del Area (AMI, por sus siglas en ingl?s) Agencia Local para la Tercera Edad (AAA, por sus siglas en ingl?s) transacci?n entre partes independientes Atraso(s), deuda(s) pendiente(s)

Orden de detenci?n, orden de arresto, orden de aprehensi?n

Asbesto, amianto Precio inicial Orden judicial consensuada Hacer valer (un derecho) Valor fiscal, tasaci?n fiscal Avaluar la propiedad, evaluar el valor la propiedad Evaluaci?n, cargo, tarifa Asesor Activos, bienes Cesionario, beneficiario Asignaci?n, cesi?n Cesi?n de hipoteca Cedente Vivienda de residencia asistida Centro de vivienda asistida Asociaci?n para la Resoluci?n de Conflictos Capacidad para asumir (algo) Hipoteca asumible Asunci?n, supuestos

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BUREAU OF CONSUMER FINANCIAL PROT ECT ION: GLOSSARY OF ENGLISH-SPANISH FINANCIAL T ERMS

ENGLISH Assumption agreement Assumption fee ATM Attachment, attachment of assets Attain priority Attest Attorney Attorney-in-fact Authoritative Authorized third party Auto (or vehicle) loan Auto insurance Automated agent Automated agent (customer service) Automated Teller Machine (ATM) transactions

Automated underwriting

Automatic bill pay system Automatic mortgage payment Auto-pay Average Average payment Average price Award letter(s) Award of damages Awareness B Back pay

Back-end ratio

ESPA?OL Acuerdo de asunci?n de deuda Cargo por asunci?n de deuda Cajero autom?tico (ATM, por sus siglas en ingl?s) Embargo, embargo de bienes Adquirir prioridad Certificar, atestiguar, dar fe Abogado, fiscal, procurador Apoderado Confiable (autoritario no es com?n) Tercera parte autorizada Pr?stamo vehicular Seguro vehicular Agente automatizado Agente automatizado

Transacciones por cajero autom?tico

Evaluaci?n automatizada de la solicitud del pr?stamo hipotecario Sistema autom?tico de pago de facturas Pago automatizado de hipoteca Pago autom?tico Promedio Pago promedio Precio promedio Carta(s) de adjudicaci?n, de concesi?n Indemnizaci?n por da?os y perjuicios Concientizaci?n

Pagos retroactivos, salarios atrasados Relaci?n entre los pagos mensuales de deudas y los ingresos mensuales, ver total debt-to-income ratio

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BUREAU OF CONSUMER FINANCIAL PROT ECT ION: GLOSSARY OF ENGLISH-SPANISH FINANCIAL T ERMS

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