Working on this glossary, we went through many authoritative glossaries to pick up the useful contemporary words for the readers of this. For example, an employee receiving a raise may reply with the words cool beans, upon receiving the news. Glossary of financial terms clute wealth management. Accounting helps keep a track of the financial position of the business and forms the basis for good financial planning. Failure to follow the terms of a loan agreement, usually by not making payments on time. A term is the length of time between when a fixedincome security, such as a bond or note, is offered for sale and its maturity date. Turn to this glossary for definitions of the terms and abbreviations that really matter in this business. A common element of a financial plan that describes projected capital spending and the proposed uses of net working capital. Commercial paper a shortterm unsecured promissory note issued by a finance company or a large industrial firm. Public agency financial management frequently involves terms that are unfamiliar to nonexperts, the definitions of which also involve other unfamiliar. Glossary of financial terms and definitions wealth how. Having launched it originally in 2004 we have now updated it with modern. Know the glossary of financial terms and definitions alphabetically, which are most commonly use in indian finance. This glossary of terms has been produced to aid beginning traders in the challenging task of becoming familiar with new vocabulary and terminology.
So called because assets must equal or in other words be in. Glossary of finance terms national association of counties. This financial glossary gives better, more precise, and simpletounderstand meanings of financial terminology. Noun n the codes c and u show whether a noun, or a particular sense of a noun, is countable an agenda, two agendas or uncountable. Accounts receivable money owed to an organization for goods and services it has sold or that has been committed to it as a grant or donation. Accounting introduction naccounting is the art of identifying, measuring, recording, and communicating economic information about an organisation or other entity, in. The managers generally employs some combination of fundamental, quantitative, or technical research in conjunction with their experience, knowledge and judgement to try to find opportunities. Turn to this glossary for definitions of the terms. This article is an attempt to create a glossary of financial terms, which is both compact as well as comprehensive. When the term ends, the issuer repays the par value of the security, often along with the final interest payment. Definitions and glossary 50 years of excellence rf safety test solutions usa tel. A glossary of financial terms that provides definitions for processes, schemes, laws, and institutions that fall under various financial sectors, including. Financial advisers and other finance professionals will some time use financial language that is hard to understand. Clear and concise article style description with practical examples.
Glossary of finance words and investment terms factorpad. Jun 28, 2016 a different take on a glossary of financial terms, including. Compare the following terms with specific examples. The wealthhow article below provides a glossary of accounting terms and definitions that are most commonlyused. Glossary of terms learn the language of paying for college with this comprehensive glossary of college finance terms. Complete economics dictionary to earn in tax revenues over the financial year. A service that oversees, measures, and evaluates financial information for decision making purposes. This glossary of finance terms can help prepare you for conversations in the industry, job interviews and more by empowering you with the financial knowledge necessary to understand the basics of the finance interview. Bond a contract between a borrower and a lender in which the borrower promises to pay the face value at maturity and to pay interest at a specified rate at regular. Glossary of financial terms 401k plan a tax deferred retirement plan that some private corporations o. Active management can be thought of as any strategy that uses human discretion to decide what the portfolio should own. This publication, a glossary of public finance terms for. Improve your financial literacy with this dictionary of financial terms. Glossary of financial terms accounts payable money owed by an organization to its suppliers and or vendors for goods or services purchased.
Glossary of financial accounting terms pearson education. Glossary of notforprofit financial and accounting terms. This glossary is designed to help you understand some of the more common investment and financial terms you may encounter. Glossary of business terms adjective adj headwords for adjectives followed by information in square brackets only before a noun and not before a noun show any restrictions on where they can be used. While managing your finances, you may come across terms you dont understand. Here is a glossary of credit card related terms that will help demystify a little. Poverty defined with respect to an absolute material standard of living. This guide provides easytounderstand definition and explanation of financial terms arranged in alphabetical order. Financial transactions, merchandising and banking are full of unique terms that are sometimes not easy to understand. A drop in overall prices, often the result of a shortage of money or credit. A form of corporation, allowed by the irs for most companies with 35 or fewer shareholders, which enables the company to enjoy the benefits of incorporation but be taxed as if it were a partnership. A record that holds the results of financial transactions. Shortterm loans, issued primarily by corporations, which are typically used as working capital.
The forbes financial glossary defines hundreds of finance terms to help you decode the puzzle. A longterm investment method, in which an investor goes. The equation that is the basis of the balance sheet. Glossary of financial terms, acronyms and initialisms. Budget surplus this financial situation occurs if a government plans to spend more than it forecasts to. Start studying glossary of terms used in financial management. Go through the glossary of financial terms and know the meaning of all financial terms through their definitions here at the economic times. Glossary of financial terms beaumont capital management. The glossary of financial and investing terms allows you search by term or browse by letter more than 8,000 terms and definitions related to the stock market. The amount is set out in the companys memorandum of association.
Glossary financial and banking terms adjusted results. Authorised share capital this is the highest amount of share capital that a company can issue. An actual budget deficit occurs if actual public spending exceeds actual tax revenues. Naco is committed to helping counties meet these challenges. This glossary is for anyone who wants and needs to learn the terms related to the field of money and banking. A key concept in financial planning and money management. Glossary online through the sapient global markets website. Glossary of financial terms we recognise that local government finance does, by its nature, need to include some technical terms and the purpose of this glossary is to explain some of the more important ones. A receipt for a deposit of funds in a financial institution that permits the holder to receive interest plus the deposit at maturity. This is usually due to them being so used to the language that they forget that their clients sometimes have a hard time understanding the terms they are using. Glossary of selected financial terms this glossary covers basic operational and financial terms used in the imf financial data query tool a adjusted rate of remuneration rate used to pay interest remuneration to members on their remunerated reserve tranche position with the imf. Assignment the receipt of an exercise notice by an options writer that requires the writer to sell in the case of a call or purchase in the case of a put the underlying security at the specified strike price. A laymans guide to financial terms utsc university of toronto. Glossary of terms used in financial management flashcards.
Derivatives can be used as insurance to limit the risk of a particular investment. Financial manager top level professional who may have final responsibility for aspects of a business financial activity accountant professional who produces and examines financial records, prepares financial reports and tax returns. This business glossary can serve as a ready guide for business proprietors, managers students and general readers. Financial terms and definitions page 2 the economic times. The worth of a company contained as current assets, including cash, accounts receivable and inventory, divided by current financial liabilities, including all shortterm debts this ratio roughly measures a companys financial risk. For tax purposes, a person who gets more than half of his or her financial support from someone else. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Keeping up with the increasing number of investment products and services in the marketplace today can be confusing.
From 401ks to zerosum investments, the glossary is an evolving reference for investors and. This is a report and opinion, by an independent person or firm, on an organisations financial records. A market capitalisationweighted index of all stocks listed on the asx which satisfy various liquidity and freefloat requirements. Complete economics dictionary complete economics dictionary. Sometimes financial experts engaging in accounting or bookkeeping work use unfamiliar terms to explain and describe transactions such as loans or investments. Balance sheet a financial statement that shows the assets, liabilities and owners equity at a particular date. Brief glossary of financial management terms city of huntington. Glossary of accounting terms and definitions wealth how. The following glossary is designed to help nonfinance experts understand some of the terminology used in public agency financial management. Budget surplus this financial situation occurs if a government plans to spend more than it forecasts to earn in tax revenues over the financial year. Glossary of terms glossary of terms annual percentage rate apr the interest rate charged, expressed as a percent per year, for the use of credit assets possessions that have economic value some of which may provide an economic andor financial return atm automated teller machine. A slang term used to refer to something favorable that has happened in business. Financy glossary the online dictionary of financial terms.
A comprehensive glossary is a valuable reference tool that can be used when attending seminars, watching or listening to financial programs and reading financial market material. Purchase accounting and pooling of interest accounting. Frisk score a proprietary score indicating a companys level of financial stress, based on the probability of bankruptcy over a 12 month horizon. Glossary of business terms and definitions business zeal. Learn the most commonly used terms in finance, business and the stock market. An actuary is an expert on pension scheme assets and liabilities, life expectancy and. Glossary of financial terms and definitions alphabetically.
Italicized terms within the definitions are themselves defined elsewhere in the glossary, for crossreference. The most comprehensive investing glossary on the web. The frisk score incorporates a number of critical risk indicators including. This az pocket guide to understanding financial terms is just one of the achievements of ebss partnership with nala. A glossary of business terms provides you with definitions of the common words used in all the aspects of business. Most comprehensive financial dictionary with over popular financial terms. Finding an integrated list of financial terms and definitions is only comprehensively possible with the aid of a financial dictionary.