Glossary

Calculator glossary

Quick definitions for common calculator terms used across finance, business, math, health, and everyday calculations.

APR

Annual percentage rate. A borrowing-cost measure that may include interest and some fees.

Amortization

The process of paying down a loan balance through scheduled payments.

Compound interest

Interest calculated on both original principal and previously earned interest.

Gross income

Income before deductions, taxes, and other withholdings.

Net income

Income after estimated deductions or taxes.

Markup

Profit compared with cost.

Margin

Profit compared with selling price or revenue.

BMI

Body mass index, a simple height-and-weight screening estimate.

Variance

A statistics measure of how spread out values are from the mean.

Percentile

A value below which a given percentage of observations fall.