Questions relating to money and economics.

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0
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3answers
186 views

what is the correct abbreviation for millions, billions and trillions in a financial context?

I've found answers on the web but also got conflicting answers from financial professionals (coworkers). In metric, you'd use M (mega) for million, G (giga) for billion and T (tera) for trillion. ...
1
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2answers
148 views

What is the origin of “long” and “short” in finance?

In finance, "short selling" or "shorting" is the practice of borrowing shares of stock and immediately selling them in hopes they will decline in value, allowing you to repurchase them later at a ...
4
votes
3answers
114 views

What is the word for “money I want to spend in the future”?

What would be the short English term for "money I want to spend in the future"? I ask because I've created a simple app for personal finances, where a user can add all the predicted spendings. Right ...
0
votes
2answers
101 views

What's the difference between “finance hub” and “financial hub”?

Though the phrase "financial hub" is much more widespread (according to a Google search), I have seen "finance hub" as well on news sites. Does the second have a different meaning?
4
votes
1answer
105 views

I'm looking for a word to describe artificially inflating a price to keep it consistent

As the title says - I'm struggling to find a word to describe the value that is added to the price charged for something to avoid passing on manufacturing savings to the customer. For example if ...
1
vote
1answer
113 views

How to call the mean between Buy price and Sell price?

In currency exchange (for example when you have US dollars and want to buy euros, or the opposite), how to call the mean between Buy price and Sell price? In Japanese we call it "TTM": TTM = (TTB + ...
0
votes
1answer
243 views

What does RO mean? [closed]

English is not my mother tongue and now I am reading a financial article about the banking industry in Vietnam. In it a line says the following: This Section focuses only on the commercial banks ...
1
vote
1answer
38 views

Dollar Value of a Trade (finance)

When you trade stocks on the market, what best describes the product of shares × price? My candidates are Capital, Amount, Value, ...?
-2
votes
2answers
4k views

Is there any difference between Loan and Credit

We are drafting a formal document. I saw somebody replaced all occurrences of the word credit to loan. There is no specific meaning assigned neither of these words within the document. Is there any ...
2
votes
2answers
133 views

Commision on stock market

Is it correct to use word commision as a synonym to order on stock market? In meaning: an instruction from customers to brokers to buy or sell on the exchange. I know that commision is a fee or ...
1
vote
1answer
254 views

Can “lend” and “borrow” refer to money?

I'm not sure how to use the following words correctly in finance. Until now, I've used lend and borrow to represent acts that are relative to loans. Today, one of my friends told me that lend or ...
10
votes
10answers
1k views

What is it called when you “refill” a debit card?

How it is called (in the US) when you go to the bank or an ATM to add cash to your VISA/MasterCard debit card? That is, when you add cash to the bank account which is tied to that card. Is it ...
9
votes
4answers
1k views

Meaning and acceptability of “One fifty” when speaking of dollars

I was watching Errol Morris' ‘11 Excellent Reasons Not to Vote?’. At some point, the dialog goes this way: ― If I could sell my vote, I probably would. ― How much? ― How much? Psssh... ...
3
votes
3answers
413 views

Etymology of “avalising” (guaranteeing)

An avalising bank is a "bank that ensures payment on a note, bond, or other debt instrument in the event of default. ... the avalising bank is not a party to the transaction in any other way". What ...
7
votes
5answers
738 views

“Bear market” / “Bull market” : what relationship those animals have with economy?

I know that a bull market is a upward trend and a bear market a downward trend, but how those animals ended in the financial terminology?
2
votes
1answer
284 views

What is the origin of using the term “lease” to signify a financing agreement with option to buy out an asset, as opposed to simple rent?

A formal definition of the word "lease" makes a lease out to be very similar to "rent" in meaning: noun \ˈlēs\ Definition of LEASE a contract by which one conveys real estate, ...
3
votes
4answers
2k views

“By” vs “Per”. Which one should I use on expressions like “P&L/Geography” or “VaR/Asset”?

In the finance field, it is quite common to express some measures in relation to some grouping criteria. Some groupings can be temporal (year, month, etc.) and others like greography, asset class ...
3
votes
2answers
273 views

Meaning of “triple witching hour”

What does the phrase triple witching hour mean? I have seen it in the financial news relating to stock markets. I sense it has to do with the convergence of three events, deadlines or periods that ...
5
votes
7answers
1k views

Is there a hypernym for debit/credit?

I’m looking for a generic word that means “debit or credit”. Say I have a transaction, and I don’t know whether it’s a debit on the account or a credit on the account, and I want to ask about it, is ...
2
votes
2answers
3k views

Difference between accounting, finance and budget [closed]

What's the difference between accounting, finance and budget? Are some of them included in the others?
9
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15answers
2k views

Informal terms for money amounts

What informal terms are used in English as money amounts? I know the following US terms and I'm curious about the rest: a grand: 1000 dollars a buck: 1 dollar