Questions tagged [finance]

Questions relating to finance and economics.

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19
votes
8answers
7k 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 ...
12
votes
11answers
5k 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 ...
49
votes
5answers
727k 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. ...
12
votes
4answers
2k views

What words describe the relation between “dollars” and “cents”?

A dollar can be divided up into 100 cents. A Swiss franc can be divided into 100 rappen. What are the words that describe these units (dollar vs cents or franc vs rappen)? I found out that ...
5
votes
5answers
25k 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 (e.g....
0
votes
2answers
2k views

When are Roman Numeral suffixes appropriate for number abbreviations?

This question was asked and closed last year as general reference. However, it did not attract the caliber of answer I expected it to. I suggested the following content as an edit, but it was rejected ...
14
votes
3answers
11k 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 ...
0
votes
2answers
4k views

Is “remaining sum” the same as “remaining balance” [closed]

What's the term to express "left money in my account" ? I found BALANCE, REMAINING SUM and REMAINING BALANCE. Are they identical? Thanks!