1001 Financial Words You Need to Know
Modern American life is filled with the language of mortgages, credit cards, investing, inheritances, pensions, and all the other financial situations we find ourselves in every day. A basic understanding of this vocabulary is essential in making smart money decisions. 1001 Financial Words You Need to Know defines and demystifies the essential terminology of money and commerce. Comprehensive but never condescending, financial expert David Bach explains every term clearly, including a sample sentence and supplemental notes for many entries. In addition, he includes a number of quick miniguides to managing your financial life that include information on understanding credit and compound interest, balancing your portfolio, making a savings plan, buying property, and purchasing insurance. The appendixes in the back contain an extensive list of common financial equations and a helpful bibliography of business books for further reading. An ideal guide for everyone from business school students to homeowners taking out a mortgage, 1001 Financial Words You Need to Know is the perfect vocabulary-building companion to the complex world of money and finance.
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1001 FINANCIAL WORDS abbr amount of money Anglo-Norman French assets bank based on Latin bond Canadian capital cash charge commodity company’s cost country’s credit card currency debt denoting DERIVATIVES discount early 17th cent earnings economic em/nN emärkit employees etaks etrMd Fair Isaac Corporation FICO score fkownt fund Germanic origin income industry interest rate intrans investment investors issued late 16th cent late Latin late Middle English liabilities loan medieval Latin mid 16th cent mortgage NEED TO KNOW noun Old French Old Norse one’s organization ORIGIN early 17th ORIGIN late 16th ORIGIN late Middle ORIGIN mid 16th ORIGIN Middle English ORIGIN Old English paid particular payment percent person plural profit purchase ratio retail risk sell sense someone specified stock exchange sum of money tion trade trans typically USAGE val•ue verb WORDS YOU NEED