The expense-splitting glossary.

Sharing money comes with its own vocabulary — settle up, net balance, itemized split, simplified debts, AI receipt scanning. This glossary defines every term you'll come across when splitting bills with roommates, friends, a partner or a group on a trip, so you always know exactly what your app is doing with your money.

Each definition is written in plain English and links to a fuller explanation with real examples of how the term works inside EconoGlance. Whether you're new to shared expenses or just want to double-check what a percentage split or a base currency means, this is the reference to bookmark. And when you're ready to put it into practice, EconoGlance is free to start on iPhone and Android — no ads, no spreadsheets, just a clear picture of who owes who.