The bureau created a glossary translating common financial terms into spanish in october 2015 and has updated it in 2018 with additional terms. Invaluable for students and professionals in the fields of finance and banking, it is also ideal for private investors and readers of the financial pages. An independent agent represents more than one company. This glossary of common financial terms was created and is used by the bureau for translating consumer education materials from english to spanish. Accounting and finance terminology public schools of. Know the glossary of financial terms and definitions alphabetically, which are most commonly use in indian finance. Critics will say it is a deliberate ploy by advisers to part you with your money by selling complex financial investments that sound. Glossary of financial terms and definitions alphabetically.
It is not a replacement for legal or financial advice and as the industry changes we will endeavour to update it. Certified public accountant cpa accountants who meet specific educational requirements and pass a national examination auditor professional whose work involves checking on the accuracy of work completed by bookkeepers and accountants bank teller bank employee who handles deposits. A slang term used to refer to something favorable that has happened in business. Terms for the updated glossary have been compiled from other entities, including the federal housing finance agency, department of. Duncan williamson, times educational supplement, december 2004.
This az pocket guide to understanding financial terms is just one of the achievements of ebss partnership with nala. The forbes financial glossary defines hundreds of finance terms to help you decode the puzzle. Glossary of insurance terms actuary a professional trained in the mathematics of insurance and risk management, including the calculations of premiums, policy reserves and other values. Accounting officer the senior official ultimately responsible for all spending of a government department or arms.
The most comprehensive investing glossary on the web. Go through the glossary of financial terms and know the meaning of all financial terms through their definitions here at the economic times. Acquisition of stock an acquirer purchases the capital stock of the target company. Having launched it originally in 2004 we have now updated it with modern terminology to meet with the increasing demand for the book. From 401ks to zerosum investments, the glossary is an evolving reference for investors and. Agent the insurance company representative who sells policies on behalf of the insurer. Account a fiscal and accounting entity with a selfbalancing set of general ledger codes in which cash and other financial resources, together with all related liabilities and residual equities or balances, and changes therein, are recorded and. Glossary of financial terms and definitions wealth how. Acquisition the purchase of one company by another business entity. A record that holds the results of financial transactions. Working on this glossary, we went through many authoritative glossaries to pick up the useful contemporary words for the readers of this.
Some loan and finance agreements have lower repayments than normal in return for a high final payment. Financial terms and definitions page 2 the economic times. Lathams first book in the series was the corporate and bank finance book of jargon, from which we have liberally plagiarized, adapting many terms to the project finance context. This is the most comprehensive and uptodate dictionary of finance available. The most common reasons for accelerating a loan are if the borrower defaults on the loan or transfers title to. Noun n the codes c and u show whether a noun, or a particular sense of a noun, is countable an agenda, two agendas or uncountable. The guide is an important resource that will help to create a much greater understanding of. Accounts receivable a record of all shortterm less than 12 months expected.
A taxadvantaged savings plan designed to help families save money for future educational costs. A comprehensive glossary is a valuable reference tool that can be used when attending seminars, watching or listening. Finding an integrated list of financial terms and definitions is only comprehensively possible with the aid of a financial dictionary. This financial glossary gives better, more precise, and simpletounderstand meanings of financial terminology. Glossary financial and banking terms adjusted results. Glossary of finance terms act actuarial methods of accounting agent agency agreement amortise bullet breach of an agreement conditional sale contract credit sale cross border ct dcf ebitda encumbrance endorsement equalised repayment definition of financial terms advance corporation tax. The bureau is publically sharing it in an effort to further the accessibility of financial information to limited english proficient persons. This accessible guide is a perfect source of reference for all those with an interest in finance. Financial terms and definitions the economic times. For example, an employee receiving a raise may reply with the words cool beans, upon receiving the news. Basic investment terms creative capital management. This glossary of terms has been produced to aid beginning traders in the challenging task of becoming familiar with new vocabulary and terminology.
While lecturing on certain topics, i would occasionally observe puzzled faces upon mentioning some basic financial terms. In this lesson, we will define some of the most common financial terms used in real estate and discuss how they. This glossary focuses in particular on financial terms relevant to the uk government. Dictionary of finance and banking oxford reference. An adverse opinion happens when the financial statements are misleading and do not fairly represent a companys financial position. Terminology related to financial documents in real estate can be intimidating. An actuary is an expert on pension scheme assets and liabilities, life expectancy and probabilities for insurance purposes the likelihood of things happening. Financial terms glossary consumer financial protection. Improve your financial literacy with this dictionary of financial terms. Assets resources with economic value owned by a company, fund, or individual. Current assets those items owned by the firm which are usually turned into cash within the normal operating cycle of the business usually twelve months. Glossary of utility finance and accounting terms used in our seminars letters in parenthesis, preceding the definition, identify the sources used in compiling the glossary. Roberts consultant for health economics who regional office for europe world health organization regional office for europe copenhagen 1998.
Here is the trade finance guide to terminology used across the trade, supply chain, commodity and agency finance markets. This glossary is for anyone who wants and needs to learn the terms related to the field of money and banking. This article is an attempt to create a glossary of financial terms, which is both compact as well as comprehensive. My informal investigations revealed that students either do. Examples of accounts payable include invoices for goods or services, bills for utilities and tax payments due. An overview in words and numbers of the history of a business and its owners, aims and objectives of the business, and proposals to achieve. Account a fiscal and accounting entity with a selfbalancing set of general ledger codes in which cash and other financial resources, together with all related liabilities and residual equities or balances, and changes therein, are recorded and segregated for the purpose of carrying on specific. Real estate terminology glossary page 2 of 44 adjustable rate mortgage arm a mortgage loan whose interest rate fluctuates according to the movements of an assigned index or a designated market indicatorsuch as the weekly average of oneyear u.
A nongaap financial measure used to assess each of the banks businesses and to measure the banks overall performance. Just because you passed an audit, it does not mean that your company is in good financial shape. My informal investigations revealed that students either do not know the terms, or have heard of the terms but never. The entries in the new edition cover the vocabulary used in. Glossary of key health care finance terms gross charges revenue total patient revenue generated price x quantity deductions from revenue amount of gross charges not collected due to uncompensated care charity and bad debt contractual allowances difference between charges and payments for all payers net patient service revenue total amount of cash collected from. However, since banking is a significant part of our business and personal life, it is useful for consumers to learn some common banking terms. A comprehensive glossary is a valuable reference tool that can be used when attending seminars, watching or listening to financial programs and reading financial market material. Weve put together a list of common business and finance terms to help you better understand the process of creating a business plan. Acquisition of assets an acquirer purchases the selling company. These terms are used throughout the classroom activities and can help students better understand financial literacy concepts. Basic investment terms annuity a financial product sold by financial institutions pay out a stream of payments to the individual at a later point. The equation that is the basis of the balance sheet. Corporate finance terminology glossary green tree capital.
Acquisition of assets an acquirer purchases the selling companys assets. Founded in 1935, naco provides essential services to the nations 3,068 counties. Learn the most commonly used terms in finance, business and the stock market. Finance careers financial manager top level professional who may have final responsibility for aspects of a business financial activity accountant professional who produces and examines financial records, prepares financial reports and tax returns. Priest august 2004 a glossary of school finance terms freereducedprice meals frpm costofliving adjustment cola an increase in funding for schools from the state or federal government to compensate for in. International glossary of business valuation terms 2001, the source will be noted in parentheses after the term is defined. An actuary is an expert on pension scheme assets and liabilities, life expectancy and. Use s personal finance glossary to find easytounderstand definitions for key terms used in personal finance and money management so you can make informed financial decisions. Glossary of business terms adjective adj headwords for adjectives followed by information in square brackets only before a noun and not before a noun show any restrictions on where they can be used. Hemlock incorporated announced its fiscal 2017 q3 results after the markets closed, reporting nongaap earnings per share of 67 cents, an increase of 17% from the last quarter, coupled with a net. A form of corporation, allowed by the irs for most companies with 35 or fewer shareholders, which enables the company to enjoy the benefits of incorporation but be taxed as if. Glossary of glossary of public finance terms 1 public finance terms about naco the voice of americas counties the national association of counties naco is the only national organization that represents county governments in the united states. Terminology a glossary of technical terms on the economics and finance of health services by j. Financial terms glossary consumer financial protection bureau.