Glossary
Plain-language definitions for account, budget, portfolio, market, security, and privacy terms in WonderMoney.
Accounts and transactions
Account
An account is a place where money is held or tracked.
In WonderMoney: An account is a place where money lives, such as a bank account or an offline account you add yourself.
Related: Transaction, Read-only access
Transaction
A transaction is a record of money moving in or out.
In WonderMoney: A transaction is a money movement that is imported, synced, or entered manually.
Category
A category is a label that groups similar money activity.
In WonderMoney: A category is the label used to organise spending and income into clear groups.
Related: Budget, Envelope method
Budgets
Budget
A budget is a monthly plan for your money.
In WonderMoney: A budget is your monthly plan for how much money you want to assign to different categories.
Related: Monthly target, Remaining
Envelope method
The envelope method splits your budget into separate category limits.
In WonderMoney: The envelope method is a budgeting approach where each category gets its own monthly limit.
Monthly target
A monthly target is the amount set for one category in a month.
In WonderMoney: A monthly target is the amount you want to allow for a category in a single month.
Remaining
Remaining is the amount left in a category after spending is counted.
In WonderMoney: Remaining is the amount left after transactions are counted against a category’s target.
Related: Monthly target, Transaction
Portfolio and investments
Portfolio
A portfolio is a group of investments you follow together.
In WonderMoney: A portfolio is a collection of investments that you track together.
Related: Holding, Allocation
Holding
A holding is one investment inside a portfolio.
In WonderMoney: A holding is one investment position inside a portfolio, such as a stock, fund, or ETF.
Related: Portfolio, Market value
Allocation
Allocation shows how a portfolio is divided.
In WonderMoney: Allocation shows how a portfolio is spread across assets, sectors, or categories.
Market value
Market value is what an investment is worth right now.
In WonderMoney: Market value is the current worth of an investment based on the latest price.
Related: Cost basis, Return
Cost basis
Cost basis is what you paid for an investment.
In WonderMoney: Cost basis is the amount you paid to acquire an investment, including the purchase price and any added costs if tracked.
Related: Market value, Return
Return
Return is the gain or loss on an investment.
In WonderMoney: Return is the gain or loss on an investment compared with what you paid for it.
Related: Cost basis, Benchmark
Benchmark
A benchmark is a reference used for comparison.
In WonderMoney: A benchmark is a reference result you use to compare your portfolio’s performance.
Related: Return, Allocation
Dividend
A dividend is money paid to investors from profits.
In WonderMoney: A dividend is cash paid by an investment to its holders, usually from company profits.
Currency effect
Currency effect is the value change caused by exchange rates.
In WonderMoney: Currency effect is the change in value caused by exchange-rate movement when an investment uses another currency.
Related: Market value, Return
Security and privacy
Read-only access
Read-only access lets WonderMoney view data without changing money.
In WonderMoney: Read-only access lets WonderMoney view account data without being able to move money.
Related: Account, Two-factor authentication
Two-factor authentication
Two-factor authentication adds an extra sign-in check.
In WonderMoney: Two-factor authentication adds a second check when you sign in, helping protect your account.
Related: Read-only access, Account