Millennials are Asked to Define Common Financial Terms

A video created by the Internet Action Force asks adult Millennials to define common financial terms, such as “credit score,” “mortgage,” and “net income.” None of the respondents are able to correctly define “annuities,” “IRA,” “Dow Jones,” or “arbitrage”—in fact, the only two terms that every single Millennial is able to explain are “overdraft” and “r…