By Michele Cagan, P. T. Shank
With contemporary funding enterprises ultimate and the inventory industry falling at list degrees, realizing the language of finance is extra very important than ever. Too few humans really comprehend what occurs to their funds just because they don't comprehend the language and ideas of finance. This consultant defines crucial phrases in simple English such as:
• Secondary market
• Controlling interest
• Mid-cap stock
• Debt financing
• flow timeEach time period could be truly outlined, contain a pronunciation key, and an instance of utilization. This ebook guarantees you are going to comprehend cash very quickly!
Read or Download Financial Words You Should Know: Over 1,000 Essential Investment, Accounting, Real Estate, and Tax Words PDF
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Extra resources for Financial Words You Should Know: Over 1,000 Essential Investment, Accounting, Real Estate, and Tax Words
Example text
Should be considered by investors looking into corporate bonds. ” See also: Corporate bond, EBIT, Solvency The TIE reassured the board of directors that the company was comfortably solvent. Transaction An arrangement between two parties (a buyer and a seller) to exchange an asset for payment. See also: Trade Ivan kept records of every transaction he made, personally or through his broker, in a ledger and backed up on disk. Treasurer The executive in charge of managing the overall financial activities of a company.
Normally used for bank savings accounts. See also: Interest Courtney used the adjusted balance method at the end of every month to track the interest earned on her bank statement. S. S. exchange. S. dollars. Makes it easier for Americans to invest in foreign companies, though it does not reduce the investment risks. See also: Exchange, Stock David was able to invest in some of the Japanese corporations that interested him the most by purchasing ADRs. Average daily balance method A method for calculating finance charges, based on the average account balance each day.
Often used to develop or improve a credit history. See also: Debt, Default After filing for bankruptcy, Randy was grateful to get a secured credit card in order to start building up his good credit rating again. teaser rate 49 See also: Compound interest, Interest rate Jenna invested in a CD paying only simple interest, but at a higher than average rate. Solvency A company’s ability to meet its long-term financial obligations and achieve its long-range plans. A state of good financial health. See also: Insolvency Lion Joe Construction was one of the few companies in the industry that maintained solvency during the recession.