The Language of Money 3

Front Cover
Allen & Unwin, 1996 - Business & Economics - 353 pages
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This revised edition provides a guide through the maze of financial language for everyone, from the financial executive to the small investor and the student of economics. It includes 500 new terms enabling readers to understand changes being wrought by rapidly- evolving financial markets.

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Section 1
Section 2
Section 3
Section 4
Section 5
Section 6
Section 7
Section 8
Section 14
Section 15
Section 16
Section 17
Section 18
Section 19
Section 20
Section 21

Section 9
Section 10
Section 11
Section 12
Section 13
Section 22
Section 23
Section 24
Section 25

Common terms and phrases

Popular passages

Page 33 - A bill of exchange is an unconditional order in writing, addressed by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay on demand or at a fixed or determinable future time a sum certain in money to or to the order of a specified person, or to bearer.
Page 38 - International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (IBRD, or World Bank).
Page 2 - An accommodation party is one who has signed the instrument as maker, drawer, acceptor, or indorser, without receiving value therefor, and for the purpose of lending his name to some other person. Such a person is liable on the instrument to a holder for value, notwithstanding such holder at the time of taking the instrument knew him to be only an accommodation party.
Page 278 - Regression analysis aims to summarise the relationship between a 'dependent' variable and one or more 'independent
Page 170 - Neither shall the holder of land or other property who may have taken the same in good faith, without notice of any defect in the title of the person from whom the same was taken, growing out of a violation of the liquor law, be affected by the above provision.
Page 352 - Zero coupon bonds are issued by government agencies, corporations, and banks at a price substantially below the face value. The difference between the purchase price and the face value...
Page 76 - Eastern importer) with deliveries (eg, technology, know-how, finished products, machinery and equipment) and contractually agrees to purchase goods from the buyer equal to an agreed-upon percentage of the original sales contract value.
Page 85 - A currency option is a contract that gives the purchaser the right (but not the obligation) to buy or sell a currency at a predetermined price (exchange rate) sometime in the future.
Page 177 - Indirect taxes are taxes chargeable to the costs of production of industries, producers of government services, and producers of private nonprofit services to households in respect of the production, sale, purchase, or use of goods and services.
Page 309 - Disraeli once said there are three kinds of lies: lies; damned lies; and statistics.

References to this book

About the author (1996)

Edna Carew's latest book is Derivatives Decoded. It has further reinforced her reputation for a unique capacity to explain seemingly arcane financial language in a way everyone can understand.

Bibliographic information