Finance Flashcards
bid
Indication of willingness to buy or sell goods or
services or to undertake a task, at a specific
price and within a specific timeframe.
bond
A general term for any fixed-interest security, esp. one issued by the government.
business angel
An investor who helps new companies develop by lending them money and giving advice
currency
Tokens used as money in a country. In addition to the metal coins and paper bank notes, modern currency also includes cheques drawn on bank accounts, money orders, traveller’s cheques, and will soon include electronic money or digital cash.
DJIA
Dow Jones Industrial Average.
The world’s best known index of the movement of prices and yields of common stock on the NYSE. It is based on the leading U.S. industrial companies and is popularly called ’the Dow’
listed company
A company whose shares can be traded on a country’s main stock market.
money laundering
Legitimisation (washing) of illegally obtained money to hide its true nature or source (typically the drug trade or terrorist activities). Money laundering is effected by passing it surreptitiously through legitimate business channels by means of bank deposits, investments, or transfers from one place (or person) to another.
NYSE
The New York Stock Exchange
securities
Stocks, shares and bonds which are bought as investments.
share/stock
A particular separate part or portion into which the capital of a company is divided.
shareholder/stockholder
A member of a limited company and therefore a holder of one or more shares in that company.
Stock Exchange/stock market
A place where stocks and other securities are bought and sold.
stockbroker
A broker, especially one employed by a member firm of a stock exchange, who buys and sells stocks and other securities for customers.
The City
Roughly one square mile of area, around and to the east of St. Paul’s Cathedral in London (UK) consisting almost entirely of banking, brokerage, insurance, trading, and other such firms and financial institutions.
Wall Street
Financial district of New York (NY), the home to New York Stock Exchange (NYSE), American Stock Exchange (AMEX), and several major banks and brokers in lower Manhattan. Synonymous with the US financial sector. Also called ‘The Street’.
