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Pat avoided the pitfall of getting too personal while talking to her co-worker about her decision to quit without giving two weeks' notice even though her coworker's decision was going to negatively affect Pat. Pat used the skill of keeping the discussion focused on the problem in order to avoid conflict in this situation.
Average Balance
A calculation used by financial institutions to determine the average amount of money in an account over a specific period, often used to calculate interest charges or eligibility for benefits.
Portfolio
A collection of investments held by an individual or institution.
Rate of Return
The upward or downward shift in an investment's value over a designated period, quantified as a percentage of its initial value.
Simple Average
A simple average is a statistical measure that calculates the mean of a set of numbers by adding them together and then dividing by the count of those numbers.
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