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Financial & Banking Glossary

Plain-English explanations of financial terms related to bank statements, CSV conversion, data privacy, and bookkeeping.

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Bank Statement

A document issued by a bank summarizing all transactions in an account over a specific period, typically one month.

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CSV Format

Comma-Separated Values, a plain text file format where each line is a data record and fields are separated by commas.

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Bank Reconciliation

The process of comparing your financial records against your bank statement to ensure they match.

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PDF Format

Portable Document Format, a file format that preserves document layout regardless of software or operating system.

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WebAssembly

A binary instruction format that allows code written in languages like Python or C to run in web browsers at near-native speed.

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Client-Side Processing

Computing that happens entirely on the user's device (browser) rather than on a remote server.

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Transaction History

A chronological record of all financial transactions in a bank account over a given period.

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Bookkeeping

The systematic recording and organizing of financial transactions for a business or individual.

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Accounting Software

Applications that help businesses and individuals record, categorize, and report financial transactions.

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Data Import

The process of loading data from an external source (like a CSV file) into a software application.

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Data Extraction

The process of pulling structured data out of an unstructured or semi-structured source like a PDF.

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Data Privacy

The right and practice of controlling who has access to personal or sensitive information.

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Browser Security

The set of technologies and practices that protect data and users within a web browser environment.

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Pyodide

A Python runtime compiled to WebAssembly that lets Python code run inside a web browser.

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Spreadsheet

A software application that organizes data in rows and columns for calculation, analysis, and visualization.

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Financial Data

Information about monetary transactions, account balances, income, expenses, and other financial metrics.

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Account Balance

The amount of money available in a bank account at a specific point in time.

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Debit vs Credit

Debits decrease your bank account balance (money out); credits increase it (money in).

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OFX Format

Open Financial Exchange, an XML-based data format for exchanging financial information between institutions and software.

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Expense Tracking

The practice of recording and categorizing spending to monitor where money goes.

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Tax Preparation

The process of compiling financial information and filing tax returns with the IRS or state tax authorities.

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