Glossary

These definitions match on-screen labels. They are not tax or legal advice.

Portfolio

Portfolio book value: Approximate value of your positions using quantities and average cost you enter. It is not a live broker feed unless you add prices manually or through supported workflows.
Holdings: A row tying an asset to a quantity and average cost on a date. Holdings drive portfolio book value and allocation views.
Net worth (simplified): Portfolio book value minus active debt balances in WealthWise. It is a workspace snapshot, not a full balance sheet of every real-world asset.

Cash flow ledger (income & expenses): Household ledger entries you record—salary, rent, groceries, subscriptions. This is separate from buy/sell transactions inside the portfolio module.
Portfolio transactions (ledger cash effect): Buys, sells, dividends, and fees you record for assets. The dashboard may show a net cash effect for loaded transactions—distinct from the income/expense ledger.
Budget utilization: Compares spending in categories against limits you set for a period. Alerts fire at thresholds you configure; overages are visible in the workspace.

Active debt: Loans you track with a current balance. Repayments can update the balance without necessarily duplicating a cash expense when configured that way.

Settlement (bill splits): Recording that someone repaid their share of a shared bill. Settlement updates who still owes what inside the bill split workflow.

Base currency & reference FX: Totals may convert to your base currency when exchange rates are available. Missing rates leave some figures in native currency until you supply data.

AI assistant (when available): Planned assistant to explain trends in data you already store—scoped to your account, not a substitute for professional advice.