Although most youths receive financial advice from their parents, few can define simple financial terms, according to a survey of students from affluent households.

The survey, conducted for the second consecutive year by Yankelovich Partners Inc. of Westport, Conn., polled 1,200 students-seventh-graders through college seniors-last June. Each respondent had at least one parent earning more than $40,000 a year, the pollsters said.

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